Will Springer Realtor

MARCH 10, 2023

MARCH HOUSING UPDATE The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. The structures have been topped out and construction cranes are coming down. 1-story, mid-century modern home with basement. bath , 4527 sq.

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Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. May I suggest this newly constructed 6-bed, 4.75-bath falls into a recession. bath , 3400 sq.

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Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®. After all, this isn’t the first time the unique property has been listed.

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Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. BY THE NUMBERS >> Seattle metro leads the nation with construction cranes – 45 – according to a Q3 summary from the RLB Crane Index.

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Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. 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.

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Will Springer Realtor

MAY 13, 2024

America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. 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. shy of the need. But for how long?

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HOA Transportation Construction Buyers 36

Will Springer Realtor

AUGUST 11, 2023

Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). counties are in our region.

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Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. It would cost the owner of an $800,000 home in Seattle about $360 in 2024, or more than triple the expiring housing levy of $115.

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Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. “A million sq.

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Will Springer Realtor

DECEMBER 12, 2023

To a happy 2024! = 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. Prospective buyers this year have mostly watched the housing market pass from the sidelines. Our city came in at No. San Jose, Calif.,

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Real Estate Buyers Housing Market Law 36

Will Springer Realtor

MAY 12, 2021

Roughly 20 million Millennials will be entering their 30s, typically the time they purchase their first home, between now and 2024. Icon is on a mission to change the way we house the homeless and others. housing market needs 3.8 That’s 52% higher than 2018, when Freddie first began looking at housing shortages.

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Will Springer Realtor

NOVEMBER 10, 2023

Clarence Stone, from American Political Science Review, offered this after reading Privatopia: “For those genuinely concerned with the moral fiber of modern America, they might well heed McKenzie’s warning about uncritically accepting the privatization of citizenship in an income-segregated society.” Don’t feel sorry for the builder.

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HOA Buyers Law Supply Chain 36

Will Springer Realtor

JUNE 9, 2023

Can the housing market cope with rising demand? Our state is among five out West experiencing the greatest undersupply of housing in the nation (California, Colorado, Utah and Oregon are just ahead of Washington on the list.) JUNE HOUSING UPDATE Home prices and mortgage rates. The average Seattle household comprises 2.08

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Will Springer Realtor

MARCH 11, 2024

at the start of 2024 after increasing them by 8.7% By embracing a comprehensive understanding of the true cost of homeownership, individuals can navigate the turbulent waters of the housing market with confidence, ensuring a secure and sustainable future for themselves and their families. this fiscal year after a 4.5%

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