Appraisal Today

MARCH 22, 2024

Cybersecurity Tips – The fraud event listed in the January Fraud Alert was uncovered when one of the two appraisers whose credentials had been forged, was contacted about an appraisal they had not performed. It can impact home values, insurance costs, and the overall stability of a housing market.” “The percent from 6.84

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Appraisal Today

AUGUST 13, 2023

High-end construction with luxe touches throughout, vaulted ceilings elevate the space. Guest Residence was built in 2001 with quality wood frame construction, smooth stucco exterior siding, and clay roof. Dear Sellers, the housing market misses you It’s tough to value properties today! garage as well. percent from 6.93

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Will Springer Realtor

APRIL 10, 2024

In Seattle/King County, the impact of climate change is already evident, with rising greenhouse gas emissions exacerbating climate hazards and threatening the resilience of our housing stock. for every $1000 of a home’s value, and Texas, with its extreme weather events, pays $6.70. per $1000 of home value) but soaring elsewhere.

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Will Springer Realtor

JANUARY 9, 2024

It’s a positive shift that could soon reshape the landscape of the housing market, offering hope and opportunities for those eager to embark on a new homeownership journey. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. Olympia also established a law, effective Jan.

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Listing Spark

FEBRUARY 7, 2024

In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year. That segment of the market basically just went away. Forced life events like death, divorce, job loss or transfer were the driving factors bringing resale homes to market.

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Will Springer Realtor

JULY 13, 2023

Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. We certainly see that in all forms of residential real estate – from new construction to finding items for the home.

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Miller Samuel

MARCH 19, 2019

If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry. That article came out in 2014 right as the housing market was peaking. They will simply go elsewhere.

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Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. January offered a glimmer of hope as owners put 1875 of their King County homes on the market (single-family, townhome, condo combined). higher than January 2023.

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Will Springer Realtor

MAY 9, 2023

The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Kitchen and bath professionals are reporting 3.9-month

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Appraisal Today

MAY 19, 2023

The home was essentially hand-built from scratch, and it took two years to construct,” says listing agent Damian Hall, of Blackstream International Real Estate. housing market back into a deep freeze Excerpts: A debt default is very unlikely, but new scenario projections from Zillow show sales would decrease sharply as mortgage costs balloon.

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Will Springer Realtor

JUNE 9, 2023

Can the housing market cope with rising demand? Our state is among five out West experiencing the greatest undersupply of housing in the nation (California, Colorado, Utah and Oregon are just ahead of Washington on the list.) JUNE HOUSING UPDATE Home prices and mortgage rates. The average Seattle household comprises 2.08

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Will Springer Realtor

DECEMBER 13, 2022

By all measures, our region (and the rest of the country for that matter) experienced one of the worst six months (June-November) any housing market has seen in at least a decade. Yes, the great housing market reset is in full swing. In his estimate: “Homebuilding’s going to contract.”. in the first half of 2022.

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Appraisal Today

NOVEMBER 4, 2022

Being close to a fire station is another advantage since the fire service provides a vital role in responding to flood events. Living on the edge means constructing places in the most challenging locations, and, in many cases, in the middle of unspoiled nature.” The average contract interest rate for 5/1 ARMs decreased to 5.79

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Reconsideration of Value Appraisal Inspection Advertising 52

Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As You don’t have to be a scientist to realize the number of climate-related events has increased in frequency and intensity across the globe. In fact, rates have fallen by an average of 1.1 CONDO NEWS.

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Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. >> A full 19,396 apartment units are under construction in Seattle metro, according to a Q2 report from Berkadia, a U.S. . = Zoning laws in the U.S.

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Appraisal Today

DECEMBER 23, 2022

It runs right by the house, so you can do events and watch the race from down below or the top deck,” says listing agent Daniel Short, with True North Realty Group. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 6.34 Mile Racetrack.

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Will Springer Realtor

NOVEMBER 10, 2023

The builder prepays the interest due to the mortgage company, which is typically a bank or credit union partnering with the construction company on the project. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines.

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Will Springer Realtor

DECEMBER 19, 2023

“Any one of those risks could cascade into other parts of the market and tip the economy into recession.” In an economic downturn, the housing market typically experiences slower sales and lower prices. County economists forecast a 2024 decline in new construction, slipping to $9.9B It’s going to stop getting worse.”

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Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. OCTOBER HOUSING UPDATE.

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Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

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