2011 Contracts Inventory Renovations 
Will Springer Realtor
DECEMBER 11, 2022
This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. months of inventory. Inventories across the county for all home types now stand at 2.2
Appraisal Today
SEPTEMBER 29, 2023
After a painstaking renovation of the 13,872-square-foot property, they moved in in 2012. percent, the highest rate in the history of the jumbo rate series dating back to 2011,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. percent, the highest level since the series’ inception in January 2011, from 7.32
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Appraisal Today
JULY 7, 2023
Despite the home’s age, it isn’t a money pit or desperate for a renovation. year-over-year to $396,100, marking the largest price reduction since December 2011.While The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.85 percent from 6.75
Will Springer Realtor
OCTOBER 8, 2021
The gross-flipping profit of $67,000 in Q2 translates into a 34% return on investment compared to the original acquisition price, its lowest point since Q1 of 2011, when the housing market was recovering from a price slump brought on by the Great Recession. Inventories improved fractionally. in Q2, down from 6.8% There is now 0.7
Will Springer Realtor
DECEMBER 13, 2022
That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. In his estimate: “Homebuilding’s going to contract.”. Homes go under contract in a median 20 days, up an additional 11 days from only a month earlier. Popping sounds can be heard from party balloons, one by one. Return to Top.
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