Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

Fuel to fill our vehicle gas tanks and to transport goods weigh heavily on inflation; 18% of the Consumer Price Index is for transportation costs – the second largest component of the CPI after housing/shelter (42%). Locally, permits for single- and multi-family home construction are down about 20% from this time last year.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

DECEMBER 8, 2021

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Building developers are optimistic they can overcome many of the challenges. Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Appraisal Today

MARCH 15, 2024

It involves analyzing data collected in mass quantities, developing statistics from the data, and applying the results to value properties. In previous downturns, such as during the 2008 recession, there were many foreclosures due to bad lending. Later a conventional commercial building was constructed. =

Appraisal 69

Appraisal Inspection Modernization Business 69

Will Springer Realtor

MAY 9, 2023

Legislation related to transit-oriented development did not pass. Whether it was cutting red tape and construction costs or ensuring our cities allow more affordable options near transit and jobs, these bills, working together, mean more homes, at more affordable prices, in communities all across our state.”

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

MAY 12, 2021

Now, home builders would need to construct as many as 1.2 Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 This was the fastest pace for combined single-family and multi-family construction since June 2006.

Real Estate 36

Real Estate Inventory Buyers Construction 36