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The new home sales recession continues

Housing Wire

So for now, the builders will take their time with the homes under construction and make sure they offer enough incentives to unload the new home supply they’re dealing with. Census Bureau and the Department of Housing and Urban Development. This is below the recession levels of 2000 and back to 1996 levels. This is 12.6

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Higher rates flip the homebuilders’ fortunes (again)

Housing Wire

Census Bureau and the Department of Housing and Urban Development. As we can see in the chart below, we are still below the recession levels of 2000 and really trending at 1996 levels. months of the supply is active listings, 68K 5 months of the supply is still under construction, 280K 1.6 percent (±20.4 percent (±13.1

Inventory 423
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Solving the Housing Shortage

DataMaster

The building rate of the previous decade struggled to keep up with the pace of the 2000s when homes were being built at nearly twice the rate ! The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. Manufactured Homes.

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Washington Legislators Drive Home More Real Estate Measures in 2024

Will Springer Realtor

Despite a short session this year, lawmakers in Olympia were successful in passing 14 known pieces of legislation that serve to help home buyers and sellers as well as landlords and tenants. One of the top bills that failed would have permitted larger residential lots to be split to as small as 2000 sq.

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Solving the Housing Shortage

DataMaster

The building rate of the previous decade struggled to keep up with the pace of the 2000s when homes were being built at nearly twice the rate ! The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. either quit or lost their jobs.

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Solving the Housing Shortage

DataMaster

The building rate of the previous decade struggled to keep up with the pace of the 2000s when homes were being built at nearly twice the rate ! The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. Manufactured Homes.

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Affordability Woes Keep King County Housing Activity on Slow Burn

Will Springer Realtor

Yes, there are few buyers in an inflation-heavy economy with high interest rates, but for home prices to go down there needs to be fewer buyers than sellers – and that is just not within the realm of possibility today. Supply of resale housing (as opposed to new construction) is shrinking across our region. There are 1.3 a month ago.

Buyers 36