Housing Wire

FEBRUARY 24, 2023

They don’t ever have to have the conversation about how low their total payment is in the new home they’re buying, unlike some of their buyers (which explains higher cancellation rates). As we can see in the chart below, we are still below the recession levels of 2000 and really trending at 1996 levels. When supply is 4.3

Inventory 467

Inventory Construction Housing Market Mortgage 467

Empire Appraisal Group

SEPTEMBER 8, 2022

home prices are about to tumble as demand for new houses ‘craters,’ an economist warns.” Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch). As expected, mortgage applications have dropped off a cliff – to the lowest level since 2000. BusinessInsider).

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Will Springer Realtor

JUNE 13, 2023

Unfortunately for buyers, both figures – prices and rates – are climbing, raising the hurdle to homeownership even higher for many. The pandemic housing market was super-charged by historically low interest rates and buyers seeking more spacious properties amid global health fears. in Seattle. There are 1.3 a month ago.

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

AUGUST 9, 2021

annually between 1968 and 2000 but has since dropped to an average rate of 0.7% And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. The nation has faced a shortfall of 5.5

Construction 36

Construction Inventory Property Taxes Development 36

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.

Construction 36

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Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. While most buyers focus on the standards of kitchens and bathrooms, research shows the best ROI is from replacing the garage door. THE ROI OF HOME RENOVATION. They are often surprised by my answer.

Buyers 36

Buyers Development Transportation Inventory 36

Will Springer Realtor

SEPTEMBER 12, 2023

A concrete and steel cover connecting First Hill to downtown, for example, would reduce traffic noise, potentially add more parkland and encourage construction of new housing. BY THE NUMBERS >> A survey of 2000 adults across the 50 largest U.S. Only buyers and sellers who must move are doing so. While there were 5.8%

Sellers 36

Sellers Development Retail Real Estate 36