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Selling a Smart-Enabled Home: Best Steps Forward

Will Springer Realtor

The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030. Smart sellers are leveraging this advantage to attract buyers and expedite closings, with a typical home selling for up to 5% higher than homes without the technology.

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Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Boston Appraisal

Green buildings are defined as properties that use renewable energy and efficient building materials in their operation, construction, and design to create positive impacts on human and environmental health. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

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. This suggests homes – while far fewer for sale than in recent years – are quickly being scooped up by those few available buyers. from July and up a mere 0.7%

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Will Home Values Hold?

Eppraisal

Needless to say, a small pool of buyers is going to make for anxious sellers. This development results in a lowering of overall demand and forcing home values down. Bureau of Labor Statistics expects nearly 12 million jobs to be added in the decade between 2020 and 2030. How Many Are Seeking Homes? What about the job market?

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

With each stall in a commercial garage costing tens of thousands of dollars to build, parking requirements can impose significant costs on property developers, owners and renters. Rather than allocating parking that goes unused, developers could propose sharing available space in nearby buildings. What does it mean to buyers?