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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates. The 802 new listings last month were a low not seen since records were archived online from 1990. List price: $6.499M ($1161/sq.

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SEATTLE ‘WALKING’ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

A modern version of the regrade is taking place along the downtown waterfront (pictured above) with the addition of Overlook Walk, a breathtaking pedestrian bridge and viewing deck that will soon connect with Pike Place Market and other attractions in downtown. The few homes that are available are selling quickly and at or above list price.”

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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 what a thoughtful listing video. It’s modernism in Medina! List: $21.5M ($3107/sq.

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

That’s according to a survey of 1,002 Hispanic Americans by The National Association of Realtors®. >> Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. The number of new listings in the previous month and remaining on the market as of Oct. Absolutely!

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PREDICTIONS, PARKING, POLLUTED PIPES

Will Springer Realtor

Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% The seemingly mundane asphalt-covered piece of real estate silently champions the ebb and flow of modern living. Only 1513 listings hit the market in the month for all home types, a devastating 30% decline in one month.

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IS THE HOUSING MARKET HEADED FOR A CRASH?

Will Springer Realtor

>> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up. Among other revised national forecasts from NAR: New-home sales will rise 20%. The average King County single-family listing sold in May 9.5% The listing agent calls it “modern farmhouse.”

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IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). A surprising 3% used the time to build a new house. List price: $4.698M, $868/sq. This 5-bed, 4.75-bath