Remove 2001 Remove Buyers Remove Construction Remove Modernization
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A look behind this year’s Tech100 winners

Housing Wire

According to the National Association of Realtors , in 2020, some 87% of homebuyers purchased their home through a real estate agent or broker, and that number has steadily increased each year since 2001. Knock.com offers solutions for both buyers and sellers. But today’s tech leaders are different. Consolidation in the industry.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

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

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IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

million housing units since 2001. 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. Both are welcome signs for buyers but they should not be interpreted as a trend. There is 1.1

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SEATTLE POPULATION SPURT FUELS HOUSING DEMAND

Will Springer Realtor

Even the doubling of interest rates in less than a year did not dissuade some buyers in need of a home. Filings include default notices, scheduled auctions and bank repossessions. >> Nearly half (47%) of all prospective buyers said they would buy a home in the current housing market because they are tired of renting and rent increases.

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PREDICTIONS, PARKING, POLLUTED PIPES

Will Springer Realtor

Prospective buyers this year have mostly watched the housing market pass from the sidelines. That, in turn, will finally move the market forward with additional sellers and buyers. Prices, sadly for buyers, will likely continue their trend higher. at this time in 2023 (quite optimistic!). San Jose, Calif., came in second. >>