Remove 2021 Remove Development Remove Modernization Remove New Listings
article thumbnail

100+ YEARS IN, ZONING LAWS INCH TOWARD HOUSING EQUITY

Will Springer Realtor

The first successful zoning laws were established in 1916 to determine building heights in New York City, soon followed by the zoning of residential and business districts. The effort was led by lawyer Edward Bassett, who went on to develop freeways and parkways. Seattle alone saw a 29% (1213) monthly increase in new listings.

Law 36
article thumbnail

CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

While these are promising developments, there will always be the affordability question. The latest survey took place June 2020-October 2021 and asked 2700 adults in King, Pierce and Snohomish counties. >> The 323,465 flipped single-family, condo and townhomes in 2021 is the highest number since 2006 and represented 5.5%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

Well, I am only a single real estate professional with one opinion but, for me, the solution includes enacting a blend of corporate and federal dollars toward incentivizing the development of affordable for-purchase housing that targets under-served communities whose residents would otherwise find homeownership difficult to achieve.

Design 36
article thumbnail

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. Prices declined 5.4% in King ($468K), 6.3% baths , 3700 sq.

article thumbnail

HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

It is developing several single-family and multifamily communities in King and Snohomish counties. The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities.

article thumbnail

JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Urban planners have a name for it: the 15-minute neighborhood and it is already in development in parts of the country, including Seattle. Where would you like to see this type of neighborhood development? Make sure residents can get to their employer and to a jobs center. Send me a message. ——-.

Buyers 36
article thumbnail

RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

The second half of the year will look much different than 2021. home sales has fallen from 31% in May 2021 to 27% today. 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. Closing costs for U.S.