Will Springer Realtor

JUNE 9, 2021

More than 90% of builders in May reported shortages of appliances, framing lumber and other wood products: To address rising costs, some 47% of builders surveyed this spring say they are including price-escalation clauses in their sales contracts to avoid a deeper hit on their bottom lines. If that sounds like you, let’s talk!

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Will Springer Realtor

SEPTEMBER 8, 2021

Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past. Builders began construction on just under a million single-family homes in 2020. New data show this subset of buyers accounted for 2.8%

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Will Springer Realtor

JULY 9, 2021

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. Flipping the coin, in the fourth quarter of 2020, 1.8

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Will Springer Realtor

OCTOBER 8, 2021

for a 2020 population of 149,900. >> A new survey found that 73 million Americans reside within a community association. The Foundation for Community Association Research indicates the number of new condominiums and homeowner associations is expected to add 4500 this year to the existing total of 344,500, or about 25% of all U.S.

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Will Springer Realtor

AUGUST 9, 2022

The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. Don’t get me started about Seattle’s design review exercise!) . percentage points over the 58 cumulative months of a recession between 1980 and 2020: Average 30-year mortgage rates stood at 5.3%

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Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. That’s according to Census Bureau data averaged out over the five years between 2016 and 2020 and reported by The Seattle Times. It’s a 5-bed, 6.75-bath

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Will Springer Realtor

JULY 13, 2023

You are not going to get people to come back into the office to the same degree as they did before 2020. We certainly see that in all forms of residential real estate – from new construction to finding items for the home. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4%

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Will Springer Realtor

FEBRUARY 9, 2022

between 2010 and 2020 to edge out Denver (22.9%) and Portland, Ore.-Vancouver, from the end of 2020. >> >> The chart below, courtesy of the Northwest Multiple Listing Service (MLS), shows breathtaking price appreciation in our region in recent years. market in the last decade, reported FilterBuy.com.

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Will Springer Realtor

MAY 12, 2021

The median price in the West was $493,300, up 17% from March 2020. >> Well, NAHB reported in late April that lumber prices have more than doubled over the past 12 months, causing the price of an average new single-family home to increase by $35,872 on average. CONDO NEWS. >> A quarter of all U.S.

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