Appraisal Today

JULY 29, 2022

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. It features homes built by architects affiliated with the Sarasota School of Architecture, a loose-knit regional style founded by the architect Ralph Twitchell. We’ve seen a massive change in housing inventory.

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Appraisal Today

FEBRUARY 16, 2024

This comparative market analysis extends beyond standard parameters like size and location to include age, architectural style, and historical significance. In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. baths, 2,973 sq.ft., built in 1971, 0.34

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Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq. million sq. That’s up from 2333 sq.

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Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city.

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Will Springer Realtor

JUNE 9, 2021

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. million people work in residential construction, or about 2.8% Notably, Seattle single-family inventory slipped to 0.6 million for sale today.

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Appraisal Today

AUGUST 18, 2023

That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. acre lot Excerpts: An extraordinary Bel-Air architectural triumph with awe-inspiring city and ocean views! Just over 8% of U.S. baths, 34,380 square feet, 2.65

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Appraisal Today

MAY 5, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Appraisal Institute President, non-lender appraisals, Changing state appraisal laws, Fannie modernization, unusual homes, mortgage origination stats, etc. That is why at first it seems that the construction of living space within such premise is impossible.

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Will Springer Realtor

JUNE 8, 2022

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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Will Springer Realtor

OCTOBER 11, 2022

months’ inventory for all homes on the market and in the single-family category. months’ inventory in downtown Bellevue, Medina and Clyde Hill – not surprising for an exclusive section of the county where the potential buyer pool is small. months (or 40 days) worth of inventory is on the market. months’ inventory.

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Will Springer Realtor

JANUARY 9, 2024

BY THE NUMBERS >> Seattle metro leads the nation with construction cranes – 45 – according to a Q3 summary from the RLB Crane Index. There is little doubt the inventory shortage will continue through 2024 – as mortgage rates remain too high for many consumers – and that means great pressure to push prices higher. But by how much?

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Will Springer Realtor

DECEMBER 12, 2023

Inventory continues to shrink to levels not seen since the days of disco, shag carpets and pet rocks. Amid unusually low inventory and an anticipated growing buyer pool, the median price of a single-family home will climb beyond $1M in Seattle’s summer months. at this time in 2023 (quite optimistic!). San Jose, Calif., Washington, D.C.,

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