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Will Springer Realtor - Untitled Article

Will Springer Realtor

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. Homes going under contract (Pending sales) dropped 25% from the previous month and 30% year-on-year (YoY) – staggering drop-offs.

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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

It’s a positive shift that could soon reshape the landscape of the housing market, offering hope and opportunities for those eager to embark on a new homeownership journey. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. List price: $6.499M ($1161/sq.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

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 And just to the East in the Spring District, Meta has committed to a total of 1.8 million sq.

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

At least buyers will have more options and time to weigh their decision to purchase a home – but at what cost to the bottom line? The next 12-24 months are likely going to be quite a challenge for prospective buyers. >> About six out of 10 Hispanic American buyers are searching for their first home, nearly double the U.S.

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100+ YEARS IN, ZONING LAWS INCH TOWARD HOUSING EQUITY

Will Springer Realtor

This is the season when buyers can take advantage of homeowners wishing to sell before the holidays and who show a willingness to budge on price or make other concessions. We are starting to see all those signs following the release of September housing data from the Northwest Multiple Listing Service (MLS). List: $3.175M ($1134/sq.

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IS THE HOUSING MARKET HEADED FOR A CRASH?

Will Springer Realtor

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 range won’t last forever.

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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

As home prices surge and people delay – or forgo – nuptials, buyers are pooling their finances with unmarried partners, roommates or friends to purchase a place. >> Homeowners are open to space-saving tradeoffs in new construction, with 85% willing to consider island seating over a separate dining space in the kitchen.

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