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Home Prices Rising Toward Record Highs – Again

Will Springer Realtor

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

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Will Springer Realtor - Untitled Article

Will Springer Realtor

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.”

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IS THE HOUSING MARKET HEADED FOR A CRASH?

Will Springer Realtor

One aspect of rising housing prices is ballooning materials costs for new home builders. You have read here before how lumber prices have soared about 250% in the past year, prompting real concern among developers who are seeing profits dwindle. million people work in residential construction, or about 2.8% CONDO NEWS.