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The Goodwin: Newest Belltown Condo Uniquely Positioned for the Modern Buyer

Will Springer Realtor

The Goodwin is the newest Belltown residential choice that is uniquely positioned for the modern buyer. Constructed in 2010 with high standards, the concrete-and-steel, eight-story structure was first opened as an apartment until owners decided to convert each unit and open as a condo later this year.

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Why housing inventory is so low right now

Housing Wire

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. But we have a housing shortage, right?

Inventory 497
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Why housing inventory is so low right now

Housing Wire

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. But we have a housing shortage, right?

Inventory 404
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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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LAYERS OF UNCERTAINTY AMID JOB CUTS, OFFICE VACANCIES

Will Springer Realtor

The good news is that people still want to live downtown, with the population at about 95K, a 67% increase since 2010 – quite remarkable growth in a dozen years. Bedroom-sized home offices are no longer the norm in modern floor plans. metro between 2010 and 2021, according to data from the U.S. Bureau of Economic Analysis.

Retail 36
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100+ YEARS IN, ZONING LAWS INCH TOWARD HOUSING EQUITY

Will Springer Realtor

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
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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

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.