Will Springer Realtor

DECEMBER 13, 2022

For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. in the first half of 2022.

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Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

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Valuation Nation

OCTOBER 16, 2022

October 16, 2022. Where is larger MSAs with public transportation and many live-and-work communities that exist, automobiles are not a requirement in every market. Wea re also excluding any new construction or lender owned homes. If this starts to increase it means that the buyers are gaining leverage in the market.

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Houston Properties

JULY 20, 2022

Caceres Living, Location and Transportation. This luxury development was designed and developed by a collaboration between three, well-known developers and construction companies. Caceres Living, Location and Transportation. "Paige increased sphere of influence and exposure to more potential buyers. Table of Contents.

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Appraisal Today

FEBRUARY 9, 2024

The tremendous growth in the creation of infrastructure for the expansion of major cities, water systems, canals for transportation of goods, road and street systems, inevitably required acquisition of private property. single-family homes for sale in the fourth quarter were new construction. in the first quarter of 2022.

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Will Springer Realtor

DECEMBER 8, 2021

Analysts believe items that are now in shorter supply – major appliances, computer chips and specialty goods, to name a few – will return to shelves and front porches by the end of 2022 as the pandemic (hopefully) ebbs. Economists forecast housing starts will rise a promising 5% in 2022. construction jobs in the U.S.,

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Will Springer Realtor

SEPTEMBER 12, 2023

A concrete and steel cover connecting First Hill to downtown, for example, would reduce traffic noise, potentially add more parkland and encourage construction of new housing. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so.

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Will Springer Realtor

APRIL 11, 2022

A builder could also agree to install more bike storage or pay a fee-in-lieu to fund public parking and transportation infrastructure that serves the entire neighborhood. What does it mean to buyers? The accompanying chart shows where Seattle metro compares to other cities over the period between March 2020 and January 2022.

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Will Springer Realtor

MAY 9, 2023

months in Q2 of 2022, according to a survey conducted by John Burns Research & Consulting. 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.”

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Will Springer Realtor

OCTOBER 8, 2021

I also heard the same question from buyers this year. This has prompted rates for everything from car loans to mortgages to inch higher and will likely continue an upward trajectory through at least mid-2022. (A Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue.

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Will Springer Realtor

AUGUST 9, 2022

Also known as a mother-in-law or cottage, the dwellings can offer viable housing to younger buyers seeking to save for their first home or enable seniors to age within a familiar neighborhood. This suggests buyers were still paying top dollar for their dream home. Even as prices decline, final sales figures are averaging 0.4%

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Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% Prices, sadly for buyers, will likely continue their trend higher.

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Will Springer Realtor

JUNE 9, 2023

Our region had a net gain of 17,750 people in the 12 months ending July 1, 2022. The Harvard research did not have access to 2022 U.S. Even the doubling of interest rates in less than a year did not dissuade some buyers in need of a home. annual growth rate was easily the largest of any major U.S. Census data.)

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