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King County Home Buyers and Sellers in ‘Re-Evaluation’ Mode

Will Springer Realtor

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). The county saw a 4.9%

Sellers 60
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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). leading the list. >>

Buyers 36
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IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

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. AUGUST HOUSING UPDATE.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Now, home builders would need to construct as many as 1.2 Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 This was the fastest pace for combined single-family and multi-family construction since June 2006.