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Lower mortgage rates are stabilizing the housing market

Housing Wire

One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual. Remember that inventory is always seasonal; it rises in the spring and summer and fades in the fall and winter. Traditionally, when mortgage rates rise post-2012, home sales trend below 5 million.

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SEATTLE ‘WALKING’ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

A modern version of the regrade is taking place along the downtown waterfront (pictured above) with the addition of Overlook Walk, a breathtaking pedestrian bridge and viewing deck that will soon connect with Pike Place Market and other attractions in downtown. BY THE NUMBERS >> A survey of 2000 adults across the 50 largest U.S.

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

. >> There were 1.25M mortgages created in Q1 – conventional, refinanced and home-equity loans combined – marking the eighth consecutive quarterly decline and lowest reading since Q4 of 2000, according to ATTOM. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4%

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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% Some highlights from the Northwest Multiple Listing Service (through July): The combined number of condo, townhome and single-family homes on the market as of Aug. The number of new listings for all home types (4428) fell 7.8% million to 6.8

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

A new door improves curb appeal, adds modern technology to the house and, based on my observations, doesn’t make as much noise as older models! were flipped in Q1, the lowest level since 2000, according to ATTOM. On to new listings, and we start far away. Update: The listing is now Pending.]. below the $7.2M

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