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. A drying up of listings sent inventory figures lower. in the last 12 months.

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Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B billion tax fraud scheme. Owners with conservation easements can claim an income tax deduction.

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Easement Contracts Appraisal Inspection 52

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. By Mark Buhler.

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Construction Appraisal Modernization Contracts 52

Will Springer Realtor

FEBRUARY 8, 2023

in mid-2019. Seattle’s retail vacancy rate is around 14%, sharply higher from 2019 numbers when it was slightly below 2%. Looking more closely however, the sale of condo homes in downtown (excluding new construction) has numbered in the single digits for three consecutive months – about a third of the normal seasonal rate.

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Appraisal Today

JULY 29, 2022

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. We’ve seen a massive change in housing inventory. With four bedrooms and 4.5

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Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

APRIL 11, 2022

This year’s buying and selling campaign will be marked by increasing inventory (good!), 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.”. Inventories for condos were little changed from month to month, standing at 0.6

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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. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”).

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Buyers Development Construction New Listings 36

Will Springer Realtor

APRIL 8, 2021

were putting down $24,500 in the most recent survey, up a whopping 82% from Q4 2019 ($13,441). The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. month (or 18 days of inventory), down from 0.9

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. million sq.

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Architecture Design Buyers Construction 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 We are on the right track. million units.

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The Robert Weiler Company

NOVEMBER 10, 2021

Not only that, but you want those transit links to be modern, well funded, and in high use. 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 average office rental rate.

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Real Estate Retail Investing Tenants 78

Will Springer Realtor

AUGUST 9, 2021

Housing affordability decreased in 45 of the 50 states from 2012 to 2019. Washington state now (right) has less than 45% of all households able to afford the median priced home (as of 2019, when the state’s median figure was more than $100,000 less than today). percentage points. POTENTIAL TAX SAVINGS. million home sales.

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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.

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Design Construction Development Property Taxes 36

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. million people work in residential construction, or about 2.8% Notably, Seattle single-family inventory slipped to 0.6 million for sale today.

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

NOVEMBER 10, 2023

Clarence Stone, from American Political Science Review, offered this after reading Privatopia: “For those genuinely concerned with the moral fiber of modern America, they might well heed McKenzie’s warning about uncritically accepting the privatization of citizenship in an income-segregated society.” Don’t feel sorry for the builder.

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HOA Buyers Law Supply Chain 36

Will Springer Realtor

JULY 9, 2021

A new door improves curb appeal, adds modern technology to the house and, based on my observations, doesn’t make as much noise as older models! increase in single-family permits over 2019. >> Inventory across our area remains extremely low. They are often surprised by my answer. >> A whopping 3.8

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