Will Springer Realtor

MAY 13, 2024

Even with aggressive changes to state and local zoning and fewer obstacles for building developers, the highly regarded Urban Institute estimates that by 2044 the Puget Sound region will be 140K homes shy of real demand. About three-quarters of the 459 residences are under contract with a target opening late this year.

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Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of new listings remains on average lower than in years past. CONDO NEWS. Click here for the full monthly report.

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Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. While the number of new listings in June jumped 8.2% The fresh data show a clear slowing of the housing market. since May and down 22% YoY.

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Will Springer Realtor

JUNE 9, 2021

One aspect of rising housing prices is ballooning materials costs for new home builders. You have read here before how lumber prices have soared about 250% in the past year, prompting real concern among developers who are seeing profits dwindle. The average King County single-family listing sold in May 9.5% months (from 0.7)

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Will Springer Realtor

OCTOBER 11, 2022

People love experiences to fill their memory bank and social media feed – and real estate developers are listening. Residents want to enjoy memorable moments within their community, according to research from The New Homes Trends Institute. The number of new listings in the previous month and remaining on the market as of Oct.

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Will Springer Realtor

MAY 12, 2021

Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 Another issue: New condo buyers must declare in writing at closing how they intend to use the home – as a primary or secondary residence or as a rental property.

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