Remove 2021 Remove Inventory Remove New Listings Remove Transportation
article thumbnail

Can we still avoid a recession?

Housing Wire

In addition, prices paid for transportation of products from China to the U.S. Now, this stressful aspect of transportation costs is gone and the fear of a downturn in the freight industry is taking hold. However, the biggest component of inflation isn’t the transportation cost of goods from China to the U.S.,

article thumbnail

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. That’s up from 4.9% AUGUST HOUSING UPDATE.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Buyers will likely snap up any home to be within walking distance of the new transportation hubs. Coincidentally, one of my listings currently is in the UDistrict, three blocks from the rail station.

article thumbnail

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. . >> Inventory across our area remains extremely low.

Buyers 36
article thumbnail

Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

>> 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.

article thumbnail

PREDICTIONS, PARKING, POLLUTED PIPES

Will Springer Realtor

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.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

Falling new inventory is constraining transaction volumes while also supporting higher home prices. Except for the pandemic year of 2020, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available.