Remove 2026 Remove Construction Remove New Listings Remove Sellers
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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

They include shortages caused by restrictive zoning that limit the number and type of housing units built on a given parcel, a “not in my backyard” resistance to new construction in traditionally single-family-home neighborhoods, and layers of regulations, processes and fees that dissuade developers from building in certain areas.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

To be sure, the market is still leaning heavily in the sellers’ favor and listings are slimmer than a strand of spaghetti. Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Estimated opening is 2026. New listings are up 6.3% 1 vs. Sept. There is now 0.7