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Experts optimistic about home sales in 2021

Housing Wire

“There is a high demand for housing and a great number of would-be buyers, and therefore sales should rise with more new listings,” Yun said. HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely.

Contracts 529
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Will Springer Realtor - Untitled Article

Will Springer Realtor

Sellers accused NAR and other defendants of unlawfully inflating compensation paid to agents to bring financially qualified buyers to homes.Potential members of the class action can send objections or comments about the settlement to the court. home sales in 2023, the highest level since 2014. Price: $5.1M ($2770/sq.

HOA 36
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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home.

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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

Also known as a mother-in-law or cottage, the dwellings can offer viable housing to younger buyers seeking to save for their first home or enable seniors to age within a familiar neighborhood. The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

In calling for rezoning laws to accommodate this concept, Gladney identified five keys that communities should keep in mind when designing their 15-minute neighborhood: Think in terms of mixed-use development, such as a blend of housing, commercial usage and small-scale manufacturing. THE ROI OF HOME RENOVATION. BY THE NUMBERS . >>

Buyers 36