Empire Appraisal Group

JANUARY 11, 2023

Some housing markets may see an uptick in homebuying activity at the beginning of the year, especially if mortgage rates continue receding from a recent high of 7%. NAHB: Sharp Contraction in Construction. Regardless, in almost every market, we believe prices will still remain above 2019 levels.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Will Springer Realtor

JUNE 9, 2021

Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 market during the pandemic – and there is great anticipation for strong demand. Some in the industry are pointing to these costs for a near 10% decline in housing production this spring (to about 1.6

Housing Market 36

Housing Market Marketing Inventory New Listings 36

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. Not “ Will the housing market crash?” in the last 12 months. but “When.”.

Construction 36

Construction Inventory Buyers Real Estate 36

Appraisal Today

JANUARY 26, 2024

To see the Listing with 49 photos, Click Here == The housing market has ’80s vibes January 23, 2024 By Ryan Lundquist Excerpts: The housing market has ’80s vibes. The ’90s are back for clothing, but it’s the early 1980s when it comes to housing narratives. Here’s the formula.

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Housing Wire

DECEMBER 7, 2020

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. Due to the solid demand for homes, housing supply for both new and existing homes are at all-time lows. For now, though, the low inventory means housing starts have legs to move higher. New Home Supply.

Inventory 545

Inventory Construction Government Housing Market 545

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. The number of unsold (Active) listings in King is 49% fewer today than on July 1, 2019. up 5% from May.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Scary, indeed, but are these signs of a pending housing recession? There are 7.4% Sales inched 1.0%

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

JUNE 13, 2023

It’s the bacon and eggs of the housing market – two staples that are often linked to one another. The pandemic housing market was super-charged by historically low interest rates and buyers seeking more spacious properties amid global health fears. were in various stages of construction. in Seattle. There are 1.3

Buyers 36

Buyers Inventory Construction Finance 36

Listing Spark

SEPTEMBER 25, 2023

The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market. Here are five of the biggest change in the Texas Real Estate market. At least, not yet. YOY) Pending Sales: 7,842 (increase of 2.2%

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

APRIL 6, 2022

Shauna is a member of the 2019 and 2021 President’s Club and also qualified for the 2021 President’s Club ELITE ! Kelly joined forces with Lamacchia Realty in January 2019, after having owned James Marcora Realty in Billerica, MA since 2006. Laurie joined Lamacchia Realty Leominster in the spring of 2019.

Realtors 69

Realtors Realty Real Estate Agents 69

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. The market has, ahem , evolved in the four years since. The dynamics of this year’s housing market are complex.

Sellers 60

Sellers Buyers New Listings Inventory 60

Appraisal Today

AUGUST 18, 2023

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.93

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA). during the same time.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Will Springer Realtor

MAY 13, 2024

America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. 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. shy of the need. But for how long?

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

MARCH 14, 2023

The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. Still, home appreciation remains solidly higher between 2019 and today, at least out West. Since the end of 2019, prices have increased more than 40% in the U.S.,

Marketing 36

Marketing Buyers Inventory Sellers 36

Appraisal Today

MAY 26, 2023

From 2008 to 2019, Roberts fraudulently inflated the value of at least 18 different easements by violating industry norms and making false statements. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion.

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

JULY 13, 2023

urban centers remain mostly higher than in 2019. The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. We certainly see that in all forms of residential real estate – from new construction to finding items for the home.

Construction 36

Construction Supply Chain Real Estate Development 36

Will Springer Realtor

DECEMBER 14, 2021

A shortage of homes for sale sparked some of the fastest-moving deals in memory, particularly on the Eastside, where single-family homes “sat” on the market for a median 5.4 What will the 2022 Seattle/King County housing market offer? That’s far higher than YoY figures at the end of 2020 (up 1.7%) or 2019 (2.5%).

Real Estate 69

Real Estate Buyers Construction Sellers 69

Will Springer Realtor

DECEMBER 13, 2022

By all measures, our region (and the rest of the country for that matter) experienced one of the worst six months (June-November) any housing market has seen in at least a decade. Yes, the great housing market reset is in full swing. In his estimate: “Homebuilding’s going to contract.”. in the first half of 2022.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

APRIL 10, 2024

In Seattle/King County, the impact of climate change is already evident, with rising greenhouse gas emissions exacerbating climate hazards and threatening the resilience of our housing stock. years, according to a University of Wisconsin report issued in March and based on data from 2019-2021. APRIL HOUSING UPDATE Good news!

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Appraisal Today

JULY 29, 2022

The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. Four things about Today’s Housing Market. This is actually about fewer buyers getting into contract. The average contract interest rate for 15-year fixed-rate mortgages increased to 4.95

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

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. On the new home sales side, there were 863,000 houses sold in April.

Real Estate 38

Real Estate Marketing Construction Clients 38

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

Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. However, the housing market changed once the 10-year yield broke over 1.94%.

Housing Market 393

Housing Market Inventory Construction Marketing 393

Housing Wire

SEPTEMBER 3, 2022

From BLS: Below are the areas where the report says jobs were created, and the construction job growth data is encouraging to see. Also, we must be mindful that multifamily construction has been good this year, with rental demand still solid. The economic data was getting better in late 2019, and in February of 2020, housing broke out.

Contracts 464

Contracts Construction Marketing Design 464

Will Springer Realtor

APRIL 11, 2022

The spring housing market will include a trio of indicators – all rising. Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”. APRIL HOUSING UPDATE. THE IMPACT OF SURGING RATES. soaring interest rates (bad!)

Construction 36

Construction Development Inventory Buyers 36

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? Re-sale: 2019. Days on Market: 241. Case Study #2: Buying “Pretty” New Construction, Overlooking Limited Land & Freeway Proximity. Geo Market Area: Rice / Museum District. Floor plan.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

JUNE 9, 2023

This net gain for Millennials is interesting when you factor our nation’s population growth has slowed for three consecutive years (2019-2021) to 100-year lows. Can the housing market cope with rising demand? JUNE HOUSING UPDATE Home prices and mortgage rates. The Harvard research did not have access to 2022 U.S.

Buyers 36

Buyers Transportation Housing Market Law 36

Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. >> A full 19,396 apartment units are under construction in Seattle metro, according to a Q2 report from Berkadia, a U.S. . = Zoning laws in the U.S.

Law 36

Law Development Design Government 36

Miller Samuel

MARCH 19, 2019

An earlier version of this post appeared in my weekly Housing Notes, March 15, 2019 edition. A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed.

Real Estate 370

Real Estate Law Development Investors 370

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

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. OCTOBER HOUSING UPDATE.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

JULY 9, 2021

The National Association of Realtors® recently announced a new partnership with the LGBTQ+ Real Estate Alliance, a nonprofit that promotes homeownership and advocates for greater equality in housing. increase in single-family permits over 2019. >> JULY HOUSING UPDATE. >> A whopping 3.8

Buyers 36

Buyers Development Transportation Inventory 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. Icon is on a mission to change the way we house the homeless and others. housing market needs 3.8

Real Estate 36

Real Estate Inventory Buyers Construction 36

Lamacchia Realty

DECEMBER 28, 2021

2021 is going down in history as a historical year for the housing market across America. It’s not just about how to protect the client with MLS disclosures and contingencies in the contract. There was so much new construction that closed that year and that is why there were so many sales.” 2021 Recap.

Sellers 74

Sellers Inventory Buyers Realtors 74

The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Low mortgage rates and an inventory crunch (limited supply) fuel the US housing market fire. new construction pipeline of nearby buildings. employment rate).

Real Estate 78

Real Estate Retail Investing Tenants 78