Housing Wire

JANUARY 20, 2023

million units, declining from its final estimate of total sales in 2022 and marking the slowest annual pace since 2010, according to its Economic and Strategic Research Group. “We trillion, contracting further from an estimated $2.34 Fannie Mae expects total home sales in 2023 to be 4.52 trillion from the previous year.

Mortgage 370

Mortgage Housing Market Buyers Contracts 370

Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. Most recently, the 2010 build became one of the most expensive homes on the market when it hit the market in early August at the greatly reduced $26 million listing price. And now, the chateau is again up for grabs.

Appraisal 81

Appraisal Contracts Business Construction 81

Appraisal Today

SEPTEMBER 15, 2023

At the same time, concrete finishes merge various construction techniques and artisan approaches that give the feeling of carved stones, whose volumes and shapes vary, but always integrated harmoniously in these habitable sculptures. == GSE FAQs: Appraiser Independence (AIR) (Aug. The volumetry is always in continuous movement.

Appraisal 83

Appraisal Real Estate Agent Contracts Real Estate 83

Houston Properties

JANUARY 13, 2021

We also believe these trends will create limited appreciation for inner loop neighborhoods known for small lots, choppy floor plans, with lots of construction from the 1990’s – 2010, especially zoned to not-top-ranked schools. Properties are still going under contract. How Is My Neighborhood Doing? Buyers Beware?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Will Springer Realtor

FEBRUARY 8, 2023

Facebook (Meta) is evolving its office arrangements, leaving space in Seattle and Bellevue and contemplating additional contraction while opening a new lab (Frank Gehry-designed Building X) in Redmond later this year. metro between 2010 and 2021, according to data from the U.S. of space near its Seattle HQ (pictured atop).

Retail 36

Retail Design Development Landlords 36

Miller Samuel

MARCH 19, 2019

A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract).

Real Estate 370

Real Estate Law Development Investors 370

Will Springer Realtor

DECEMBER 13, 2022

Contributing to improving the mood should be the anticipated 900,000 or so two-unit-plus housing under construction across our country that will start to come online in 2023. In his estimate: “Homebuilding’s going to contract.”. 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

SEPTEMBER 12, 2023

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. New Construction The new home construction sector has taken much of the residential spotlight this year.

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

FEBRUARY 13, 2024

Annual sales across King County totaled 21,515 homes – down an incredible 24% from the year before and the fewest since 2010 (20,761). We know buyers are eager to purchase properties, as 39% more homes went under contract in January (1719 units) compared with the previous – admittedly quiet – month. higher than January 2023.

New Listings 54

New Listings Buyers Inventory Lending 54

Assurance Financial

NOVEMBER 9, 2021

Increased construction: Large influxes in new housing construction often result in buyer’s markets — just because homes are being built doesn’t mean there will be buyers interested in them. Real estate overdevelopment in an area often leads to an excess housing supply. Tips for Buying in a Seller’s Market.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

DECEMBER 19, 2023

Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. home sales – 3.79M on an annual basis through October – is at a low not seen since August 2010. Um, bye-bye! It’s going to stop getting worse.”

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

AUGUST 15, 2023

The number of single-family homes going under contract (Pending sales) fell 8.7% Harvard researchers note higher prices in building supplies lifted the cost of residential construction by 35% in the past three years. Zonda indicates that new-home prices have averaged a 27% premium above resale prices dating back to 2010.

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq. million sq. That’s up from 2333 sq. bath , 6920 sq.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

APRIL 11, 2022

Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”. First, even though construction is starting to catch up, we have a huge 5.8 In other words, the sluggish pace of new construction might continue to keep home prices high.

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. That median figure is the smallest measure for a home since 2010 and marks a reversal after a brief increase during the post-Covid building boom. >>

Law 36

Law Development Design Government 36

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Now, home builders would need to construct as many as 1.2 We are on the right track. million units.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. Seattle experienced a 32% (1031) monthly increase in new listings but a 15% (558) decline in homes going under contract, as median prices fell 2.9% ($900,000) since August and remain 5.9% We are nowhere near that! bath , 3400 sq.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

NOVEMBER 12, 2021

Seattle’s zoning regulations call for inclusionary housing in multifamily construction but most developers pay penalties instead of providing affordable units. Also, affected by the disruptions: builders and homeowners seeking to construct or update homes. in 2010, the largest decline of any state. Some parts of the U.S. –

Law 36

Law Inventory Real Estate Government 36

Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! Fudge noted that supporting the construction of manufactured and 3-D printed homes were avenues “being discussed” at HUD. BY THE NUMBERS. >> month to month (436) and 6.1%

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

JUNE 9, 2023

Another 14,716 units are under construction and more than 25,000 are in the planning stages, meaning they will likely start construction within about a year. Contract contingencies are significantly important to protect buyers and we list the five most critical conditions to keep in mind. people, the smallest of any major U.S.

Buyers 36

Buyers Transportation Housing Market Law 36