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The Week Ahead: Unraveling the Nation’s Housing Crisis

Appraisal Buzz

As a surge in new multifamily rental units has slowed down rent growth, single-family construction is starting to lift for-sale inventories. Having previously worked at the Center in the 1990s, Chris rejoined the Center in 2010 from Abt Associates, to serve as the Director of Research.

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Beware of gloom and doom housing market crash headlines

Housing Wire

Remember, in 2010 we had the homebuyer tax credit so that I wouldn’t count that data line. months, builders pull back, and new construction stalls. We saw this in 2018 and then spent the entire year of 2019 selling off the excess inventory. This level of inventory means new home sales are doing ok, not great.

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Appraising Airbnb Properties

Appraisal Today

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.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

BELLEVUE’S DYNAMIC GROWTH COMES WITH PAIN, HOPE I have lived in the Seattle metro area since 2010 and enjoyed working on the Eastside for the first six years before gravitating to real estate sales. That’s up 24% from 2010. of new construction fully leased across Bellevue in the final quarter of 2023. About 7M sq.

Design 36
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LAYERS OF UNCERTAINTY AMID JOB CUTS, OFFICE VACANCIES

Will Springer Realtor

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. Home designers have been listening too. metro between 2010 and 2021, according to data from the U.S.

Retail 36
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Appraising Factory-Built Houses

Appraisal Today

For example, certain houses can be constructed for 50% less than a similar-sized site-built home, making quality housing more affordable for thousands of Americans. Factory-built house is a term that refers generally to a number of house types that are constructed or fabricated, at least in part, off site.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

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. a month ago.