Birmingham Appraisal

NOVEMBER 14, 2023

In some neighborhoods, older homes may be highly sought after, while in others, newer constructions may be more desirable. Buyers are frequently drawn to specific neighborhoods for reasons such as safety, walkability, or access to public transportation. Over the past several years we have all seen drastic changes occur in the market.

Market Value 88

Market Value Agents Appraisal Bracketing 88

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. 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

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 12, 2023

Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% This dynamic of private vehicle vs. public transportation will play out first in dense areas – like Seattle, Bellevue, Federal Way – and will be interesting to watch. at this time in 2023 (quite optimistic!).

Real Estate 36

Real Estate Buyers Housing Market Law 36