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.

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Real Estate Buyers Construction Sellers 36

Will Springer Realtor

MAY 9, 2023

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.

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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 This was the fastest pace for combined single-family and multi-family construction since June 2006. >> NAHB reported an estimated 15% of all new-construction home sales in the U.S. That’s 52% higher than 2018, when Freddie first began looking at housing shortages.

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Real Estate Inventory Buyers Construction 36

Houston Properties

JANUARY 13, 2021

In this analysis, we also show you current data along with key lessons from both the 2015 oil price crash and the 2008 great recession. On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. Remember: real estate is hyper-local! Buyers Beware?

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