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The Retirement Trifecta

Housing Wire

Today it’s dominated by baby boomers who make up 39% of all homebuyers and 52% of all home sellers. The massive age wave is cresting over the next three years, and by 2030 all boomers will have turned 65. Known as “Peak 65”, in 2024 more than 12,000 people per day will turn 65.

Realtors 355
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DataDigest: The homebuilders are busy. But they’re not busy enough

Housing Wire

In other words, the multifamily deliveries will likely relieve pressure in the form of rents and help with overall supply, but the inventory deliveries likely won’t do much for the sales market. The few existing homeowner sellers aren’t incentivized to negotiate much, and there’s no reason to think they will for a long while.

Business 309
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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. Inventory was little changed from July to August. months’ inventory, down from 1.5 Single-family-home inventory was unchanged at 1.4 It remained at 1.5

Finance 68
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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

This year’s buying and selling campaign will be marked by increasing inventory (good!), The thought that early spring would produce more, longer-lasting inventory has yet to materialize. Inventories for condos were little changed from month to month, standing at 0.6 overall, where housing inventory rose 2.4%