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Selling a Smart-Enabled Home: Best Steps Forward

Will Springer Realtor

There is another enhancement that many sellers may not consider: the addition of smart-home technology. The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030. The benefits to both current and future homeowners are innumerable.

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DataDigest: The homebuilders are busy. But they’re not busy enough

Housing Wire

Currently there are 695,000 single-family units under construction, which is actually 136,000 units below the peak in May 2022. And there are currently 994,000 multifamily units under construction, the highest level since 1973. Single-family construction deliveries, meanwhile, will likely be more muted.

Business 322
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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

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. New Construction The new home construction sector has taken much of the residential spotlight this year. of office space could be vacant by 2030, or nearly 1.5

Finance 68
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Will Home Values Hold?

Eppraisal

Needless to say, a small pool of buyers is going to make for anxious sellers. Conversely, a robust purchasing population puts sellers in the driver seat. Low unemployment, strong productivity, and affordable goods and services provide a comfort level to sellers that their homes will move at desirable prices.

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”. First, even though construction is starting to catch up, we have a huge 5.8 In other words, the sluggish pace of new construction might continue to keep home prices high.