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Can we still avoid a recession?

Housing Wire

The downturn in the LEI reflects consumers’ worsening outlook amid high inflation and rising interest rates, as well as declining prospects for housing construction and manufacturing. In addition, prices paid for transportation of products from China to the U.S. NAR total inventory data: 1,220,000 listings.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Whether it was cutting red tape and construction costs or ensuring our cities allow more affordable options near transit and jobs, these bills, working together, mean more homes, at more affordable prices, in communities all across our state.” Downtown offices have been near the bottom of the charts among U.S.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

This newsletter started 2021 raving about the explosive growth across the Eastside and there is no sign of a letup. Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Buyers will likely snap up any home to be within walking distance of the new transportation hubs. 1 vs. Sept.

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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

ADUs also help local economies by providing housing to people on the lower-to-middle economic scale to live within typically pricy urban areas that are closer to job centers and greater public transportation options. in Q1 of 2021 and is the highest rate of home flipping in the 21 st century. of all U.S. That’s up from 4.9%

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

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. Among that group, 10% of current owners plan to put their homes on the market in 2021, translating into about 1.5 million more home listings across the U.S.

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PREDICTIONS, PARKING, POLLUTED PIPES

Will Springer Realtor

This dynamic of private vehicle vs. public transportation will play out first in dense areas – like Seattle, Bellevue, Federal Way – and will be interesting to watch. POLLUTED PIPES We cap this month’s news with yet another “P” story. The 2021 infrastructure law provides $15B to replace lead pipes across the U.S.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Create options for multiple modes of transport – bikes, cars and transit should all be factored in. David Goldberg, chair of the Land Use & Transportation Committee of the Seattle Planning Commission, is helping to lead the city’s own 15-minute neighborhood. . >> Promote racial and income equity. >> A whopping 3.8

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