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. months of inventory. Inventories across the county for all home types now stand at 2.2

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Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. Falling new inventory is constraining transaction volumes while also supporting higher home prices.

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Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

APRIL 8, 2021

To help increase affordable housing inventory, lawmakers are reviewing whether to remove requirements that homeowners must live on-site. The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings. month (or 18 days of inventory), down from 0.9 STATE CAPITAL UPDATE.

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

SEPTEMBER 8, 2021

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past. Active listings as of Sept.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

AUGUST 9, 2022

That’s the conclusion of a 2021 report from the Research Institute for Housing America, which signaled added “stress” on housing and housing finance industries in determining risk. in Q1 of 2021 and is the highest rate of home flipping in the 21 st century. Inventory levels are mounting in King, now at 1.9 That’s up from 4.9%

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 9, 2022

The latest survey took place June 2020-October 2021 and asked 2700 adults in King, Pierce and Snohomish counties. >> >> In a survey of about a thousand professionals working full-time from home, half said they would look for a new job with remote options if their current employer required a return to the office full-time.

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Architecture Design Buyers Construction 36

Will Springer Realtor

OCTOBER 11, 2022

Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. New listings and housing supply are on the rise as buyer activity took a dive in September, based on the latest assessment of data from the Northwest Multiple Listing Service. months’ inventory.

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Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

MAY 12, 2021

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. 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. Total inventories were little changed from March to April.

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Real Estate Inventory Buyers Construction 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. Is this the beginning of a housing bubble, 2021-style? “I Among other revised national forecasts from NAR: New-home sales will rise 20%.

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

DECEMBER 12, 2023

Inventory continues to shrink to levels not seen since the days of disco, shag carpets and pet rocks. Amid unusually low inventory and an anticipated growing buyer pool, the median price of a single-family home will climb beyond $1M in Seattle’s summer months. POLLUTED PIPES We cap this month’s news with yet another “P” story.

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Real Estate Buyers Housing Market Law 36

Will Springer Realtor

AUGUST 9, 2021

>> The National Association of Realtors’® top economist forecast 2021 will end the year with 6.1 from April 1, 2020, to the same day in 2021, to 7.77M residents. Some highlights from the Northwest Multiple Listing Service (through July): The combined number of condo, townhome and single-family homes on the market as of Aug.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. In a survey covering the 12 months ending mid-2021, 9% of all home sales were bought by couples who have not exchanged marriage vows. New York City is No. CONDO NEWS.

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Design Construction Development Property Taxes 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! For the first quarter of 2021, Pierce County led the way in single-family permit activity, with 1,173, reflecting a 61% increase of the previous year’s quarter. >> A whopping 3.8

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