Housing Wire

JULY 26, 2023

During the housing bubble crash years, active listings grew to more than 4 million in 2007 because most of the inventory in the U.S. comes from the existing home sales market. NAR active listings data (see chart below): 2007: 4 million active listings 2023: 1.08 months , this is just an OK market for builders.

Inventory 370

Inventory Construction Sellers Marketing 370

DataMaster

JUNE 16, 2021

From 1993 to 2007, over one million homes were completed per year, ranging from just 1,039,400 to over 1,654,500. The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades!

Construction 174

Construction Law Landlords Development 174

Appraisal Today

SEPTEMBER 30, 2022

in 2007-2008, few appraisers used them. I used Hypothetical Assumptions for new construction, of course. =. acre property complete with the castle and carriage house is on a riverbank. Excerpts: Housing trends are changing by the week, and it’s time to start believing the Fed when they talk about resetting the housing market.

Appraisal 52

Appraisal Inspection Easement Contracts 52

DataMaster

JUNE 16, 2021

From 1993 to 2007, over one million homes were completed per year, ranging from just 1,039,400 to over 1,654,500. The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades!

Construction 78

Construction Law Landlords Development 78

DataMaster

JUNE 16, 2021

From 1993 to 2007, over one million homes were completed per year, ranging from just 1,039,400 to over 1,654,500. The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades!

Construction 78

Construction Law Landlords Development 78

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. Our market cooled faster than any other in the nation, according to one report. Dining out.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. Builders began construction on just under a million single-family homes in 2020. That’s the most since 2007. One of the hottest search phrases on Google today is, “When is the housing market going to crash?”.

Construction 36

Construction Inventory Buyers Real Estate 36

Assurance Financial

NOVEMBER 9, 2021

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. What Is a Buyer’s Market?

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

JANUARY 11, 2023

A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’”. Here are some that were touted in this newsletter within the last year – and are still on the market today. CONDO NEWS.

Housing Market 36

Housing Market Contracts Architecture Buyers 36

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. Legislation related to transit-oriented development did not pass. The bill aims to help with traffic congestion and pollution by building denser housing near major transit locations.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

JULY 11, 2023

The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. We are not alone in witnessing a welcome rise in available homes on the market. Builders are now officially bullish.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. “A million sq.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

DECEMBER 8, 2021

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Economists forecast housing starts will rise a promising 5% in 2022. Who said this is a sellers’ market? construction jobs in the U.S.,

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

JUNE 9, 2021

There are at least five factors that make this housing environment far different – and more stable – than roughly a decade ago: Low inventory and lack of supply – There were some 4 million homes on the market nationally in July 2007 compared with about 1.1 million people work in residential construction, or about 2.8%

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

Real Estate 36

Real Estate Inventory Buyers Construction 36