Will Springer Realtor

OCTOBER 11, 2023

rose 11% this year, according to The Wall Street Journal (paywall), as housing costs and evictions triggered people to lose their homes despite record funding to combat the issue. King County acknowledged receiving a little under $1B in federal aid for homelessness and housing since 2019, yet the local homeless rate rose 14% this past year.

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Law Development Design Government 36

Will Springer Realtor

AUGUST 11, 2023

The price of new construction has jumped, too; the National Association of Home Builders estimates costs have risen about 35% since 2019. And for those not willing to embrace affordable housing in their immediate area, consider this: A 2022 study shows the value of homes near affordable housing increases. Pittsburgh).

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Buyers Development Construction New Listings 36

Will Springer Realtor

SEPTEMBER 12, 2023

A modern version of the regrade is taking place along the downtown waterfront (pictured above) with the addition of Overlook Walk, a breathtaking pedestrian bridge and viewing deck that will soon connect with Pike Place Market and other attractions in downtown. topped the list. fewer new listings, the number of sales rose 1.7%

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Sellers Development Retail Real Estate 36

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. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% List: $6.895M ($1556/sq.

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Construction Supply Chain Real Estate Development 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). housing markets. 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.

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 9, 2022

It has also set its sights on rezoning portions of the city to increase housing density. Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. Microsoft has committed $750M since 2019 to help support the creation of more affordable homes in Seattle metro.

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Architecture Design Buyers Construction 36

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. The average King County single-family listing sold in May 9.5% months of homes on the market (down from 0.4

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). The good news comes from major national builders who have shared their forecasts for growth in the coming years. Not “ Will the housing market crash?”

Construction 36

Construction Inventory Buyers Real Estate 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

Will Springer Realtor

AUGUST 9, 2021

Additional housing, particularly more affordable units, will only help strengthen the health of the public and economy. Housing affordability decreased in 45 of the 50 states from 2012 to 2019. A surprising 3% used the time to build a new house. AUGUST HOUSING UPDATE. percentage points. million home sales.

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Construction Inventory Property Taxes Development 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! The LGBTQ+ community is estimated to hold $1T (yes, with a T) in potential buying power in the housing market, but much of that spending opportunity has not been fully unlocked.

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Buyers Development Transportation Inventory 36