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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

from a year ago and at a level not seen since 2011. Who said this is a sellers’ market? GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. However, single-family permits for King and Pierce counties combined are up 4.2%

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Government planners in our four-county region have until the end of this year to revise and then implement by mid-2025 their Comprehensive Plans for growth management to provide adequate space for housing, transportation and services (among many other aspects) to all its residents for the next 20 years.

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Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% 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. Affordability remains elusive.

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SEATTLE POPULATION SPURT FUELS HOUSING DEMAND

Will Springer Realtor

They found that the number of households headed by 25- to 34-year-olds grew by 300,000 per year in 2016-2021, up sharply from an average annual growth of 45,000 households between 2011 and 2016, a difference of 260,000 additional households per year. Converting underutilized office buildings and vacant big box stores ( ahem, BB&B!

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A Guide to Houston’s Best Ranches & Farms On The Market

Houston Properties

The ultimate ranch and farm buyer guide from the number one Realtor in Houston! In a study conducted by Houston Properties, only about 40 properties were sold under this category back in 2011, but that number has tripled just last year. We believe these are qualities that every home seller deserves from their agent. Get PDF Now.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

I also heard the same question from buyers this year. While early to mid-spring was frenzied – featuring waves of cash-carrying buyers with their contingency-absent offers – the housing environment settled down to a somewhat civilized pace by September and likely for the next few months. And that answer appears to be “yes.”