Remove 2000 Remove Inventory Remove Property Taxes Remove Sellers
article thumbnail

UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

Beyond the allure of the offer price, it’s imperative to factor in the long-term cost of maintaining a property. Prospective home sellers are smart people. As a result, home buyers and sellers across Seattle/King County saw a mixed bag of activity in February, according to the Northwest Multiple Listing Service.

article thumbnail

IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

annually between 1968 and 2000 but has since dropped to an average rate of 0.7% POTENTIAL TAX SAVINGS. Skyrocketing property values in our area have their downsides. Owners face higher annual property taxes, and many are reporting difficulty paying, particularly older residents on fixed incomes. million to 6.8

article thumbnail

HOME BUYERS FACING ‘TRIPLE-WHAMMY’ EFFECT

Will Springer Realtor

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. Among other bills in the works, as of this writing: House Bill 1908 relates to the conversion of surplus public property to affordable housing. Inventory remains a big concern. The company, using data from the U.S.

Buyers 36