2024 Construction Modernization New Listings 
Will Springer Realtor
MARCH 10, 2023
The number of new listings of all home types (single-family, townhome and condo) in King County climbed 6.4% (1866 units) from January to February, as expected, and total inventory at the start of March (2064) was 111% higher than a year ago. The structures have been topped out and construction cranes are coming down.
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. That includes 36 new cranes since the previous report, and it is more than larger U.S.
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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. The figure was 37% lower than a year ago and, for context, the five-year average of new listings for the month just before the pandemic began was 4021.
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. An annual survey released this month by the Federal Reserve Bank of New York said renters put the probability of ever owning a home at 40%, down from 44% last year.
Will Springer Realtor
AUGUST 11, 2023
Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). The national trend for new construction, however, is generally moving in the opposite direction. In the 1990s, one-third of new homes were smaller than 1800 sq.
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. 7, would raise some $970M and could create about 3100 new affordable homes throughout Seattle. Seattle alone saw a 29% (1213) monthly increase in new listings.
Will Springer Realtor
MAY 9, 2022
just as Google opens another office building in Kirkland and Microsoft expands its 120-structure Redmond campus with plans for 17 new office buildings. All this tech construction gives new meaning to IT architecture! “A BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq.
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