Will Springer Realtor

JULY 13, 2023

The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. That figure is a whopping 24% today across Seattle/Puget Sound, triple from pre-pandemic levels. The work-from-home lifestyle has changed the way we go about our lives.

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Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. The inter-bank rate stands at about 3.1%, coincidentally the exact figure that Freddie Mac reported at the start of 2022 as the average mortgage rate in the U.S. from today’s U.S. figure of 8.3%.

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Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. This segment of America, born from about 1980 to 1998 and the largest living adult generation in U.S. Rainier-esque peak of a decade past! Thank you, Millennials!

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