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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

We have covered over and over the scarcity of homes available for sale. 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). in the last 12 months. in the last 12 months. and another 10% boost in 2022.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

Taking a closer look at Bellevue (pictured above), about 350 for-purchase condo homes have been delivered in the last 18 months. The project pipeline is quite promising too, with at least 7500 residences – mostly apartment units – likely to be added in the next five years between downtown and the Spring District. million sq.