Remove 2010 Remove Contracts Remove Inventory Remove Transportation
article thumbnail

The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

Andrew Cuomo's office suggested last week that such a levy might reap $9 billion for the moribund Metropolitan Transportation Authority over the next decade and Assembly Speaker Carl Heastie reiterated his chamber's support proposal at a Crain's breakfast forum days later. Mayor Bill de Blasio gave it his blessing as well.

article thumbnail

PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

A builder could also agree to install more bike storage or pay a fee-in-lieu to fund public parking and transportation infrastructure that serves the entire neighborhood. This year’s buying and selling campaign will be marked by increasing inventory (good!), Inventories for condos were little changed from month to month, standing at 0.6

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

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. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S.

article thumbnail

Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. Fuel to fill our vehicle gas tanks and to transport goods weigh heavily on inflation; 18% of the Consumer Price Index is for transportation costs – the second largest component of the CPI after housing/shelter (42%). in 12 months.

article thumbnail

Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. Properties are still going under contract. We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps.