Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. From a buyer’s perspective, it couldn’t be worse. Mortgage rates are high, home prices are high, there’s no inventory.”

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Sellers Buyers New Listings Inventory 60

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S.

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Buyers Development Construction New Listings 36

Will Springer Realtor

MARCH 14, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. This time last year, buyers were aggressively scooping up available homes before the predicted increase in mortgage interest rates.

Marketing 36

Marketing Buyers Inventory Sellers 36

Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. The share of entry-level homes in overall construction declined from 40% in the early 1980s to around 7% in 2019. “A Two economies.

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Inventory Housing Market Construction Real Estate 78

Annarbor Appraisal

APRIL 9, 2020

Price increases both with single-family houses and condominium units started in 2012 in earnest. Houses in blue, condominium units in orange, new construction included. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. Year to year trends.

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Buyers Property Taxes Sellers Realtors 78

Empire Appraisal Group

FEBRUARY 15, 2024

©Tower Ridge, photo courtesy of Netze Homes Three Key Takeaways Advise buyers that nobody should copy trends for their popularity since they change over time; a better approach is to seek joy. After slowing from 2012 to 2014, spec building has picked up, due to an uptick in migration. Boschetti Jr.,

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Design Real Estate Architecture Property Management 78

Miller Samuel

MARCH 19, 2019

A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. Why would renters of high-end apartments be any different than all renters?

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Real Estate Law Development Investors 370

Will Springer Realtor

JANUARY 10, 2023

A bright spot for buyers: Active listings for all homes as of Jan. A total of 28,393 homes were sold in King County in 2022 (excluding new construction sales). That is the lowest annual figure since 2012 (27,601), according to MLS data. months of inventory, down from 2.2 Economists across the U.S. months in November.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

AUGUST 9, 2021

Housing affordability decreased in 45 of the 50 states from 2012 to 2019. Look at the green states of Idaho, Nevada and Utah on the 2012 map; they have seen housing affordability plummet by 2019, skipping past the yellow category to brown in less than a decade. percentage points. POTENTIAL TAX SAVINGS.

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Construction Inventory Property Taxes Development 36

Will Springer Realtor

DECEMBER 8, 2021

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”. construction jobs in the U.S., year-on-year (YoY), according to U.S. “In

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Sellers Marketing Supply Chain Construction 36

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Why We’re Fearful: Buyer & Seller Mistakes. "A The root causes of buyers overpaying are similar: Using an inexperienced agent (one with less than 6 transactions in total). Get PDF Now. Table of Contents. How Is My Neighborhood Doing?

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Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. million units.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Appraisal Today

DECEMBER 8, 2023

In Sacramento, Invitation Homes went on a rampage in 2012 and 2013, and purchased more steadily in subsequent years. to 305,219—the lowest third-quarter level since 2012. The record comes as mortgage rates hover at elevated levels, hitting their highest level in 23 years last week and cutting deep into buyers’ budgets.

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Appraisal Real Estate Contracts Design 67

Clear Capital

OCTOBER 28, 2021

And, with some of the changes and even like California — some of the zoning changes — allowing for more multifamily construction in what has been traditionally single-family areas. A buyer calls up and goes, “I want to buy it.” ” And the buyers like, “well, that’s easy for me to explain. .”

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Real Estate Tools Agents Real Estate Agent 69