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Experts optimistic about home sales in 2021

Housing Wire

“Greater participation of sellers and builders in the months ahead will make home sales possible while easing some of the pressure on price growth, which is currently rising at a double-digit percent rate and has been for almost six months.” Real Estate Tech Demo Day. ” Home prices soared 9.5%

Contracts 531
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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home. The spread between a 30-year and ARMs – in which rates can be adjusted typically after 5 or 7 years – is the widest since 2014. Designed by William J.

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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. Don’t get me started about Seattle’s design review exercise!) . 48% own homes, reflecting a steady rise since 2014. Kenmore allows ADUs of up to 1500 sq. Kirkland gets it too.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

In calling for rezoning laws to accommodate this concept, Gladney identified five keys that communities should keep in mind when designing their 15-minute neighborhood: Think in terms of mixed-use development, such as a blend of housing, commercial usage and small-scale manufacturing. On to new listings, and we start far away.

Buyers 36