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Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions

Appraisal Buzz

Let me explain — in 2021-2022, many investors purchased properties at high prices, using 2 and 3-year bridge loans. Supply and Demand Dynamics: We are coming off of a construction boom where record numbers of units were built in the aftermath of the pandemic and are delivering now and in the coming months.

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What Impact Will the Infrastructure Bill Have on the Housing Crisis?

Appraisal Buzz

Home prices continued to rise by over 20% between the spring of 2021 and the spring of 2022. Construction has failed to keep up with the demand of households, especially with the increase during the COVID-19 pandemic. However, as of early 2022, the nation had a deficit of 3.8 39 billion to modernize transit. $17

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Will Springer Realtor - Untitled Article

Will Springer Realtor

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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Appliances for FHA appraisals

Appraisal Today

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 - Untitled Article

Will Springer Realtor

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. months in Q2 of 2022, according to a survey conducted by John Burns Research & Consulting. Owners are investing about $475B ( yes, billion!

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SEATTLE ‘WALKING’ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

A modern version of the regrade is taking place along the downtown waterfront (pictured above) with the addition of Overlook Walk, a breathtaking pedestrian bridge and viewing deck that will soon connect with Pike Place Market and other attractions in downtown. Pro tip: Always bring a buyer broker to represent you to a new construction site.

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

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. The accompanying chart shows where Seattle metro compares to other cities over the period between March 2020 and January 2022. Tap on chart for a larger version.).