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

Houston Properties

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. to public transportation (in the city and between cities), to other public services (schools, kindergartens, hospitals, etc.), Location, location, location!

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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. Prices rose, too, to near-record highs.

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Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

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 his estimate: “Homebuilding’s going to contract.”. Home prices have straddled the $850K mark since 2019.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

Buyers will likely snap up any home to be within walking distance of the new transportation hubs. Among the 389 units, 16 are actively for sale, six are under contract and another 43 homes have sold so far in 2021. Who needs a car?! Coincidentally, one of my listings currently is in the UDistrict, three blocks from the rail station.

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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. That’s a swing of 550,000 households a year in overall household growth among this age group.

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