K.W. Appraisals

JANUARY 27, 2019

Although some experts may argue that the slowdown in sales is due to inventory, this explanation is questionable because housing supply increased from 4.1% If inventory was to blame for low house sales, an increase in supply would surely result in improved sales, but that is not the case. in May to 4.3%

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Marketing Construction Development Inventory 28

Cornerstone

JANUARY 19, 2021

Because home builder confidence has reached record highs , Dietz projects that single-family construction gains will continue — though a lower growth rate than 2019 is expected. A slowdown in new home sales growth is also possible as an increasing number of sales have come from new build homes that haven’t begun construction.

Construction 61

Construction Housing Market Loan Officers Mortgage 61

Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). Builders began construction on just under a million single-family homes in 2020. This is one of the most popular topics on my blog. in the last 12 months. That’s fair.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

APRIL 10, 2024

Climate-resilient housing, which is designed and constructed to withstand and adapt to the impacts of climate change, is increasingly recognized as a critical priority for our region. For more news on this topic, please visit my Living the Dream blog for an ongoing series to celebrate Earth Month. Seattle is also No. King ranked No.

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Real Estate Buyers Sellers Insurance 36

Appraisal Today

JULY 29, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on USPAP Update Mistakes on Bias, Real Estate Market analysis, the FED raises interest rates, unusual homes, mortgage origination stats, etc. With four bedrooms and 4.5 July 25, 2022 .

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Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. From 2008 to 2019, Roberts fraudulently inflated the value of at least 18 different easements by violating industry norms and making false statements.

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Easement Contracts Appraisal Inspection 52

Listing Spark

MARCH 9, 2023

In this blog post, we’ll take a closer look at Texas’ real estate market activity — exploring recent developments, analyzing short-term trends, and making predictions about what we might expect. Months supply of inventory climbed from 0.6 Compared to 2021’s extremely low months supply of inventory of 0.6

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Real Estate Marketing Inventory Sellers 36

Annarbor Appraisal

APRIL 9, 2020

In June 2019 I wrote a piece about Ann Arbor for Mobility Magazine. Houses in blue, condominium units in orange, new construction included. If prices had already started to level even with an extreme shortage of inventory, what will happen when the market unfreezes and buyers and sellers are free to move around again?

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Will Springer Realtor

SEPTEMBER 12, 2023

We’re just trapped in this equilibrium of low inventory, house prices not coming down, high mortgage rates and current owners who have a strong incentive to just sort of stay where they are and wait this out.” Inventory was little changed from July to August. months’ inventory, down from 1.5 Condo inventory stayed at 1.8

Finance 67

Finance Inventory Construction Buyers 67

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

MARCH 14, 2023

“The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” Still, home appreciation remains solidly higher between 2019 and today, at least out West. Condo inventory stands at 1.7 Eastside inventory is 1.4 Portland, Ore.,

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Marketing Buyers Inventory Sellers 36

Chicagoland Appraisal Blog

APRIL 3, 2020

Chicago’s housing options include a wide diversity of architecture, styles, and sizes, including vintage condos, brand-new construction, and 7,000-square-foot homes. in 2019 over the previous year, perhaps an effect of high property taxes, falling population, and an excess of homes after the mid-2010s construction boom.

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Real Estate Agent Architecture Modernization Buyers 78

Will Springer Realtor

JUNE 13, 2023

Despite high interest rates, some hungry buyers are competing over limited inventory. Supply of resale housing (as opposed to new construction) is shrinking across our region. months’ total inventory in the county, down from 1.4 Eastside inventories are at 1.2 were in various stages of construction. There are 1.3

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Buyers Inventory Construction Finance 36

Will Springer Realtor

DECEMBER 14, 2021

Welcome to the fourth annual Living the Dream blog predictions and projections in real estate and beyond. That’s far higher than YoY figures at the end of 2020 (up 1.7%) or 2019 (2.5%). New construction across King is projected to decline a surprising 11% in dollar terms in 2022. Consumer prices are going up and up – 6.5%

Real Estate 69

Real Estate Buyers Construction Sellers 69

Will Springer Realtor

DECEMBER 13, 2022

That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. 14 – after the publication of this blog post – when it will likely announce another rate rise.). My blog post on how mortgage rates are set is a good side topic.). (In Figures are for resale homes only and not new construction.).

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Real Estate Buyers Construction Sellers 36

Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. To read more tips, click here.

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Construction Appraisal Modernization Contracts 52

Lamacchia Realty

JANUARY 24, 2022

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. That is part of the reason that we go back to 2019, so that we can get a better comparison. Homebuyers are also flocking to Sun Belt states like Florida and Texas for job security and company relocation or lower taxes.

New Listings 45

New Listings Inventory Buyers Realty 45

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. Mortgage rates are high, home prices are high, there’s no inventory.” The result: generally rising prices amid limited inventory.

Sellers 58

Sellers Buyers New Listings Inventory 58

Will Springer Realtor

JUNE 11, 2024

Every month this year has seen inventory growth. The June 1 figure is the highest of any month since October 2022 (4222) and the most for the date since 2019 (5629). The number of Active single-family listings – for-sale inventory on June 1 – was 48% greater in the past month (2563) and 32% higher YoY in all of King. a year ago.

Buyers 52

Buyers Inventory Finance Housing Market 52

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. Click to expand any image or graphic from my newsletters and blog posts.) It may take decades to backfill stock, which is said to be roughly 4.5M

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Buyers Development Construction New Listings 36

Quicken Loans

JUNE 10, 2021

Meanwhile, the number of new construction homes sold according to the Census Bureau and the Department of Housing and Urban Development was down 5.9% Because April 2020 was in the teeth of the pandemic shutdowns, it’s more fair to look at April 2019. If you compare that to April 2019, the pace was only 673,000 sales. million.

Real Estate 38

Real Estate Marketing Construction Clients 38

Will Springer Realtor

JULY 11, 2023

While the boost in available inventory in King County is welcome, it’s important to note that the number of new listings is 26% lower than in June 2019 when the housing market was red hot. The number of unsold (Active) listings in King is 49% fewer today than on July 1, 2019. up 5% from May. This is nothing new.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

FEBRUARY 14, 2023

Limited active inventory – if it continues into spring – could force prices higher. Inventory is improving but the region remains in a seller’s market at about 2 months’ available supply. months’ inventory across all home types in King County and 2.1 months’ inventory for single-family homes and Seattle has 2.1

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Housing Market Marketing Inventory Buyers 36

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Now, home builders would need to construct as many as 1.2 3-D PRINTED WHAT?? We are on the right track.

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

MARCH 14, 2022

off their 2022 high of 3.92% (the highest level since May 2019). Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. New construction is not likely to keep up with demand and bring that median age [of a home] down. Rates fall as money flows into Treasurys.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

JUNE 11, 2024

Office buildings across downtown Seattle are a worrisome example, where vacancy rates have jumped from about 10% in late 2019 to 28% after Q1 of this year. times more than in 2019. Developing interest from real estate movers and shakers for a high-risk facelift will be a great challenge amid rising financing and construction costs.

Construction 36

Construction Buyers Real Estate Sellers 36

The Robert Weiler Company

NOVEMBER 10, 2021

Low mortgage rates and an inventory crunch (limited supply) fuel the US housing market fire. Regarding COVID-19, US office vacancy rates have increased from 9 percent in the fourth quarter of 2019 to 17.2 new construction pipeline of nearby buildings. The good news here is that the news is, well – good. employment rate).

Real Estate 78

Real Estate Retail Investing Tenants 78

Will Springer Realtor

AUGUST 9, 2021

I have covered this topic both within the newsletter and on my blog and hear from people in real estate about their frustration over the lack of significant action. Housing affordability decreased in 45 of the 50 states from 2012 to 2019. America’s housing stock is in a dire situation. percentage points. POTENTIAL TAX SAVINGS.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

JUNE 8, 2022

The unprecedented housing price increases in our region – up 39% in King for all home types since May 2019 – will possibly stunt homeownership rates going forward. The change follows Oregon’s lifting in 2019 of zoning restrictions on housing to help address the housing shortage. With scarcity comes price appreciation.

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

NOVEMBER 10, 2023

The builder prepays the interest due to the mortgage company, which is typically a bank or credit union partnering with the construction company on the project. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines.

HOA 36

HOA Buyers Law Supply Chain 36

Will Springer Realtor

JULY 9, 2021

increase in single-family permits over 2019. >> Home prices are going to continue to go up until the inventory comes back bit,” said Rick Sharga, EVP at real estate information provider Realty Trac. Inventory across our area remains extremely low. >> A whopping 3.8 Looking for selection?

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Buyers Development Transportation Inventory 36