Will Springer Realtor

DECEMBER 8, 2021

from a year ago and at a level not seen since 2011. Who said this is a sellers’ market? Building developers are optimistic they can overcome many of the challenges. Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Census data through October.

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Will Springer Realtor

MAY 13, 2024

Even with aggressive changes to state and local zoning and fewer obstacles for building developers, the highly regarded Urban Institute estimates that by 2044 the Puget Sound region will be 140K homes shy of real demand. That’s up from 36% of sales in 2022 but far from the peak this century of 45% in 2011, according to ATTOM. >>

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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. Sellers are even willing to negotiate on things like repairs, sharing in closing costs and paying down mortgage interest.

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Will Springer Realtor

JUNE 9, 2023

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. We need every market-rate and affordable home that developers can produce.

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Houston Properties

MAY 16, 2022

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. The demand is higher and there are good deals to be made both for sellers and buyers of farm and ranch-style homes. " – Christian (Google Review). Get PDF Now.

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Will Springer Realtor

OCTOBER 8, 2021

To be sure, the market is still leaning heavily in the sellers’ favor and listings are slimmer than a strand of spaghetti. As part of the project, developers are sketching out plans for a pair of office towers at least 41 stories tall on a 4.6-acre acre lot where Northeast 8 th Street meets 110 th Avenue Northeast. Who needs a car?!

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