Housing Wire

MARCH 23, 2022

The fact that the 23% home-price growth level has been smashed in just two years and inventory just collapsed to all-time lows has created the most unhealthy housing market post-2010. months and above, the builders will pull back on construction. Like home sellers, they try to make as much money as possible. When supply is 4.4

Mortgage 463

Mortgage Inventory Housing Market Construction 463

Housing Wire

APRIL 11, 2022

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010.

Inventory 497

Inventory Housing Market Marketing Modernization 497

Housing Wire

MARCH 29, 2022

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010.

Inventory 404

Inventory Housing Market Marketing Modernization 404

Appraisal Today

JULY 21, 2023

Often, the MLS mentions that the sellers will fill in the pool, but I don’t know if that has ever happened. The sellers originally bought the land for $12 million back in 2010. Shortly after, Oatman Architects was brought on for the construction, which wrapped three years later in 2013. Listed for $42.5

Appraisal 90

Appraisal Real Estate Contracts Business 90

Housing Wire

MAY 26, 2022

That’s not the case now because we have’t had a credit boom post-2010 as we did from 2002 to 2005. We have more housing starts under construction now than in recent history! We have a lot of multifamily construction going on that won’t help the homebuyer. What is going on here? Hey, a person can hope, right!

Inventory 509

Inventory Housing Market Construction Marketing 509

Housing Wire

JANUARY 10, 2022

Sellers saw a market where their homes sold quickly and often above list price as multiple buyers competed to have the winning bid. . Even with this increase, fixed-rate loans will still be cheaper than they were before the pandemic: In the 2010-2019 decade the interest rate averaged 4.1% for 30-year fixed-rate loans.

Housing Market 545

Housing Market Marketing Construction Inventory 545

Housing Wire

JANUARY 5, 2023

It got so bad that I labeled the housing market savagely unhealthy in February and deemed it the worst housing market post-2010, as inventory broke to all-time lows and mortgage rates were simply too low to stop the bidding wars. I have been forecasting since 2010 and I’ve only predicted price declines for 2011 and 2012.

Housing Market 540

Housing Market Marketing Inventory New Listings 540

Will Springer Realtor

AUGUST 15, 2023

Sellers, too, are waiting for the easing of rates before looking for their next home, as estimates show 60% of today’s homeowners possess a mortgage with an interest rate of 4% or less. The single-family housing market is sluggish, as many prospective buyers and sellers have chosen to focus on enjoying the many weeks of beautiful weather.

Sellers 60

Sellers Buyers New Listings Inventory 60

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. 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. 2020 ended favoring sellers. Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

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

Will Springer Realtor

DECEMBER 19, 2023

Buyers and sellers tiptoed through caution. 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.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. (In Locally, permits for single- and multi-family home construction are down about 20% from this time last year. in 12 months.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. New Construction The new home construction sector has taken much of the residential spotlight this year. At least that’s what some economists have expressed.

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). People are seeking to move on as they experience life-changing moments – if they can afford what sellers are seeking. It’s too soon in the year to determine how supply and demand will shake out.

New Listings 54

New Listings Buyers Inventory Lending 54

Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. when rounded up) on an annual basis – is the lowest since October 2010. in 2024 and 4.5M

Inventory 36

Inventory Buyers Sellers New Listings 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

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.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

APRIL 8, 2021

. >> Counting both the demand for single-family and multi-family housing needed to meet current needs (plus factoring in demolished or lost housing), NAR projects we have a backlog in construction of 3.2 million new homes as of the start of this year. STATE CAPITAL UPDATE. This has led to a continued narrowing of inventory, down to 1.1

Inventory 36

Inventory New Listings HOA Buyers 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

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. >>

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city.

Construction 36

Construction Inventory Property Taxes Development 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. million people work in residential construction, or about 2.8% A new construction project just north of Bellevue Square Mall.

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. The sellers, Cannabidiol business owners, are reportedly downsizing their living arrangements. People living alone numbered 141,000, or 40% of all Seattle households.

Buyers 36

Buyers Transportation Housing Market Law 36