Will Springer Realtor

MAY 13, 2024

SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales. News of the settlement and its impact topped last month’s newsletter. Details still need to be ironed out, but U.S.

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HOA Transportation Construction Buyers 36

Lamacchia Realty

DECEMBER 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. Seller Resources. November 2020. ?It Broward County. Read More ».

New Listings 41

New Listings Realty Buyers Inventory 41

Lamacchia Realty

JANUARY 24, 2022

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. Seller Resources. Broward County. What's Ahead? Buyer Resources.

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New Listings Inventory Buyers Realty 46

Listing Spark

MARCH 9, 2023

But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential. This left sellers either frantically trying to unload their properties or riding out the storm and hoping for values not too badly impacted by this spike in costs.

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Real Estate Marketing Inventory Sellers 36

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% times more than at the end of 2019.

Finance 68

Finance Inventory Construction Buyers 68

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. Seller Resources. What's Ahead? April 4, 2016. No Comments.

New Listings 50

New Listings Realty Inventory Buyers 50

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. Seller Resources. Data provided by Florida Realtors® SunStats.

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Realty Buyers Inventory New Listings 49

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. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

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Marketing Buyers Inventory Sellers 36

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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Buyers Development Construction New Listings 36

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% List: $2.7M ($1484/sq.

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Construction Supply Chain Real Estate Development 36

Will Springer Realtor

JUNE 13, 2023

Yes, there are few buyers in an inflation-heavy economy with high interest rates, but for home prices to go down there needs to be fewer buyers than sellers – and that is just not within the realm of possibility today. Interestingly, a higher proportion of home sales are now coming from new construction. drop in King, down 6.4%

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Buyers Inventory Construction Finance 36

Lamacchia Realty

JULY 28, 2022

New single-family listings are down by 3.8% Sellers are hesitating to list lately, as they’d be selling their property that has a locked mortgage rate that could potentially be half of what they’d be getting themselves into by purchasing now. and are down by 4.7% for condos/townhomes. over this timeframe in 2021.

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Buyers Inventory Real Estate Sellers 47

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

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

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

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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Housing Market Marketing Inventory HOA 36

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. Listed at $1,995,000 ($725/sq. Sellers typically ask for back-up buyers. 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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Construction Inventory Property Taxes Development 36

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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Design Construction Development Property Taxes 36

Will Springer Realtor

JULY 9, 2021

I am often asked by sellers what home projects should they address to get the highest return on investment. increase in single-family permits over 2019. >> It is truly the epitome of a sellers’ market and experts I hear from are saying, basically, get used to it. On to new listings, and we start far away.

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