Lamacchia Realty

JULY 13, 2022

Before the market shift in March 2022, interest rates were lower than ever , but so was the amount of inventory. Since late 2019 , the number of people who have to spend more than 30% of their income on apartment rent has increased to 23%, up from 8%. You can make it your own and renovate/design it any way you’d like.

Landlords 51

Landlords Mortgage Renovations Buyers 51

Quicken Loans

JUNE 10, 2021

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. This is slightly faster than the pace we found ourselves on in April 2019 when there were 1.312 million completions to go with 1.235 million starts.

Real Estate 38

Real Estate Marketing Construction Clients 38

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

Buyers 36

Buyers Development Construction New Listings 36

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.). Home prices have straddled the $850K mark since 2019.

Real Estate 36

Real Estate Buyers Construction Sellers 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. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S.

Real Estate 36

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. In addition, average profit increased a whopping 45% in one year ($64,900) and 71% since 2019. Condo inventory is not much better. There is 0.6 Learn more.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

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. Many dug into savings and had their homes renovated or repaired. percentage points.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

JULY 9, 2021

THE ROI OF HOME RENOVATION. 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. They are often surprised by my answer.

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Buyers Development Transportation Inventory 36