Will Springer Realtor

SEPTEMBER 12, 2023

Here’s a blog post on the topic from last summer.) It has been discussed in this newsletter the sharp decline in Seattle office occupancy; most recent stats show weekday worker foot traffic in downtown at 55% of July 2019 traffic, a figure that will likely increase – but by how much more? fewer new listings, the number of sales rose 1.7%

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Lamacchia Realty

OCTOBER 27, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. What's Ahead?

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New Listings Realty Inventory Buyers 52

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. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). The county saw a 4.9%

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Sellers Buyers New Listings Inventory 60

Will Springer Realtor

OCTOBER 11, 2023

King County acknowledged receiving a little under $1B in federal aid for homelessness and housing since 2019, yet the local homeless rate rose 14% this past year. First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. The blog has recently focused on helping home buyers.

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Will Springer Realtor

APRIL 9, 2024

New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. The 2166 single-family new listings in King are the lowest of any March since records were archived online in 1991.

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Marketing Inventory Buyers Sellers 60

Lamacchia Realty

NOVEMBER 26, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate.

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Realty Buyers Inventory New Listings 51

Will Springer Realtor

JULY 13, 2023

urban centers remain mostly higher than in 2019. The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. Check out my blog post on the topic. New single-family-home listings rose 3.8% Office vacancies in U.S.

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Will Springer Realtor

SEPTEMBER 12, 2023

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s.

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Finance Inventory Construction Buyers 68

Will Springer Realtor

AUGUST 11, 2023

Click to expand any image or graphic from my newsletters and blog posts.) The price of new construction has jumped, too; the National Association of Home Builders estimates costs have risen about 35% since 2019. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690).

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Will Springer Realtor

MARCH 14, 2023

The number of new listings of all home types (single-family, townhome and condo) in King County climbed 6.4% (1866 units) from January to February, as expected, and total inventory at the start of March (2064) was 111% higher than a year ago. Still, home appreciation remains solidly higher between 2019 and today, at least out West.

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Marketing Buyers Inventory Sellers 36

Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

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Housing Market Buyers Inventory Real Estate 36

Listing Spark

MARCH 9, 2023

In this blog post, we’ll take a closer look at Texas’ real estate market activity — exploring recent developments, analyzing short-term trends, and making predictions about what we might expect. to $382,000 These are smallest pricing bumps since October of 2019 Active listings : climbed to 33,606 a 63.4% up from 1.3

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Real Estate Marketing Inventory Sellers 36

Will Springer Realtor

JUNE 8, 2021

and strong climbs such as the pandemic-induced shock of rising single-family home prices amid a dearth of new listings. The enigma is the Seattle condo market – where prices remain steady or are even declining in some pockets as new listings outnumber sales. Today we are witnessing an enigma wrapped in a metaphor.

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Buyers New Listings Marketing Inventory 36

Will Springer Realtor

AUGUST 17, 2021

Employees completed the shift from their Bellevue office high-rise in 2019 only to have the Interbay grand opening squelched within a few weeks by the pandemic. Buyers just need to be on the ball when a new listing hits the market – inquiring in hours, not days. There is inventory, too.

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Inventory Buyers New Listings Real Estate 36

Lamacchia Realty

JULY 28, 2022

With listings down, we are likely to see pending sales down as new listings indicate future accepted offers. The first half of every year back to 2019 had lower inventory that the prior year, and May of 2022 is the first time we can see a significant turn in the upward direction. over this timeframe in 2021.

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Buyers Inventory Real Estate Sellers 49

Will Springer Realtor

JUNE 13, 2023

It’s true, there is a welcome increase in new listings from month to month – up 18% across all home types in King from April and 19% higher for the single-family-home category – but isn’t that what you would expect in the typically busiest periods of the housing season? In March, 33% of homes listed for sale in the U.S.

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Buyers Inventory Construction Finance 36

Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). The good news comes from major national builders who have shared their forecasts for growth in the coming years. This is one of the most popular topics on my blog.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

JULY 8, 2022

For more information on where the economy and local housing market is headed, flip over to my blog for a recently published article with charts and analysis. While the number of new listings in June jumped 8.2% in new listings and 57% in active listings at the start of this month (3256), up 124% from a year ago.

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Will Springer Realtor

FEBRUARY 14, 2023

The number of Pending sales soared 51% since December for all home types in King County to 1820 listings under contract, including a 69% boost on the Eastside (480) and a 47% jump in Seattle (610). Another positive sign: The number of new listings surged from the previous month. has soared to $88,300 as of late 2022.

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Housing Market Marketing Inventory Buyers 36

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. To be sure, the number of Millennials buying homes is at a slower pace than their contemporaries. 3-D PRINTED WHAT??

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2021

I have covered this topic both within the newsletter and on my blog and hear from people in real estate about their frustration over the lack of significant action. Housing affordability decreased in 45 of the 50 states from 2012 to 2019. A surprising 3% used the time to build a new house. percentage points. million home sales.

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Will Springer Realtor

JUNE 8, 2022

The pandemic has made attaining ownership more difficult, particularly in housing-starved Seattle (pictured) and across King County where the number of homes on the market (Active listings) has trended lower for most of the past decade-plus. With scarcity comes price appreciation. What is the answer? What happens then? months, Pierce at 0.8

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Will Springer Realtor

JULY 9, 2021

increase in single-family permits over 2019. >> The one bright spot: King County saw more homes listed in June (4801) than in any month since May 2019, and the number of active listings by month’s end improved to a level not seen since last November – but supply is still below seasonal norms. below the $7.2M

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Buyers Development Transportation Inventory 36

Will Springer Realtor

FEBRUARY 9, 2024

The figure is a 20% jump from 2019 and represents 43% of all city households, the sixth-highest total in the nation. BY THE NUMBERS >> Seattle jumped five notches between 2019 and 2022 among big U.S. >> King County’s net new housing need is 308,677 units between 2019 and 2044, according to county planning policy experts.

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