Will Springer Realtor

JANUARY 10, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. Homes going under contract (Pending sales) dropped 25% from the previous month and by 30% year-on-year (YoY) – staggering drop-offs. Across King, there were 1.7

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Buyers and sellers tiptoed through caution.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

OCTOBER 8, 2021

New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3% across King and up 17% in Seattle and the Eastside – while active listings are falling 3.3% Inventories improved fractionally. months of inventory across all homes in King County, up from 0.6 1 vs. Sept.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

AUGUST 9, 2022

An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. The market recalibration continues across King County with a sharp drop in new listings, Pending sales and closings while prices decline. Inventories are on the rise, so much so that one area is now considered a buyer’s market.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

SEPTEMBER 8, 2021

There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. Active listings as of Sept. A drying up of listings sent inventory figures lower.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

FEBRUARY 9, 2022

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. Inventory remains a big concern. months of single-family-home inventory in King County and on the Eastside, and 0.5 months (6 days) of single-family inventory. months (6 days) of single-family inventory.

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

MAY 12, 2021

That’s 52% higher than 2018, when Freddie first began looking at housing shortages. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. month from 0.6,

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. Even though we’re seeing inventory grow, it remains quite low,” notes Danielle Hale, chief economist at realtor.com. months, Pierce at 0.8 and Snohomish at 0.6. month to month (436) and 6.1%

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

JULY 9, 2021

Home prices are going to continue to go up until the inventory comes back bit,” said Rick Sharga, EVP at real estate information provider Realty Trac. Inventory across our area remains extremely low. There is more than a month of condo inventory in Seattle, including two-plus months in Capitol Hill/Central District.

Buyers 36

Buyers Development Transportation Inventory 36