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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). New price: $70M ($3978/sq.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

They wonder if they missed their opportunity to buy before interest rates rise along with home values. It’s a similar tale for single-family homes as a subset of the market. New listings are up 6.3% Prices are lower month-to-month for single-family homes – down 2.9% List: $5.2M, $701/sq. 1 vs. Sept.