2020 Contracts Modernization New Listings 
Housing Wire
SEPTEMBER 22, 2022
With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%. million in August.”
Will Springer Realtor
DECEMBER 11, 2022
This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. A little more than a third of inventory is under contract. Prices declined 5.4%
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Will Springer Realtor
MAY 9, 2022
based on 2020 data from the U.S. >> The Puget Sound region suffered from a severe lack of new construction in the decade ending in 2020, according to U.S. Kitsap County had the fewest number of units built per household formed between 2010 and 2020 (0.55). That’s up from 2333 sq. That’s down from 12.9%
Will Springer Realtor
MAY 13, 2024
Many residents struggle to find and keep a home that they can afford, accentuated by soaring housing prices since the start of the pandemic in 2020. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K
Will Springer Realtor
MAY 9, 2023
They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 annually in home improvements across the U.S.,
Will Springer Realtor
JANUARY 9, 2024
1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. The pact clarifies certain terms, including whether they will have an exclusive contract with the broker or non-exclusive, and how brokers will be compensated for their services. (I List price: $6.499M ($1161/sq.
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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