Raleigh Realty

JULY 12, 2022

According to the latest census, the population in Raleigh grew by almost 64,000 residents between 2010 and 2020. As supply chain issues cause construction material prices to soar, buyers are more likely to consider purchasing a resale home vs. a new construction home. The largest population in Raleigh is 25 to 34 (18.9)

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Will Springer Realtor

MAY 9, 2023

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. Read my real estate forecast blog post after you finish the newsletter to learn more!)

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Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

OCTOBER 8, 2021

Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. for a 2020 population of 149,900. >> A new survey found that 73 million Americans reside within a community association. since this time in 2020. New listings are up 6.3% Newcastle had a healthy 4.2%

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

MAY 12, 2021

Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. The median price in the West was $493,300, up 17% from March 2020. >> million more home listings across the U.S. We are on the right track. million units.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Many dug into savings and had their homes renovated or repaired. A surprising 3% used the time to build a new house.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

JULY 9, 2021

Well, researchers at realtor.com went a little deeper to find out what those consumers are seeking when looking for a new home. THE ROI OF HOME RENOVATION. The commodities market saw prices reach an all-time high of $1711 per thousand board feet in early May of this year after a pre-pandemic price of $303 (March 2020).

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Buyers Development Transportation Inventory 36