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Will Springer Realtor - Untitled Article

Will Springer Realtor

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. List price: $43M ($5548/sq. of a tastefully designed home on one-third acre.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

based on 2020 data from the U.S. >> Insights from 12,000 consumers and over 300 architectural designers show that 51% of residents will work from home in 2022, up from 33% before the pandemic. . >> Kitsap County had the fewest number of units built per household formed between 2010 and 2020 (0.55).

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100+ YEARS IN, ZONING LAWS INCH TOWARD HOUSING EQUITY

Will Springer Realtor

The first makes permanent a pandemic-related policy that exempts affordable housing from the design review process. A report by RentCafe claims Seattle metro added 36,952 units to the rental market between 2020 and 2022. >> Seattle alone saw a 29% (1213) monthly increase in new listings. This 3-bed, 2.5-bath

Law 36
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Signs of Inflation Expand Well Beyond Housing Prices

Will Springer Realtor

The median down payment on single-family homes and condos purchased with financing jumped 19% in Q4 of 2020 from the previous quarter. trillion in equity in 2020 from a year earlier, according to S&P CoreLogic, a property information and analytics business. Hold on for a bumpy – and inflationary – ride! BY THE NUMBERS.

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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

. >> Homeowners are open to space-saving tradeoffs in new construction, with 85% willing to consider island seating over a separate dining space in the kitchen. King County experienced a 28% jump in Active listings (homes on the market on June 1) compared with the start of May. Uniquely designed, the home looks south toward Mt.

Design 36
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Will Springer Realtor - Untitled Article

Will Springer Realtor

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

HOA 36
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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

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

Buyers 36