Buyers Development New Listings Supply Chain 
Hank Miller Team
JANUARY 9, 2024
How can variables like local and national economic conditions, consumer debt, consumer confidence, the Fed, global supply chains, wars and conflict and a hundred other wild cards be corralled? Buyers have largely adjusted to the rates and the expectation is that the Fed will begin cutting by mid year. They cannot.
Housing Wire
JULY 25, 2022
“We calculate that over 80% of metro areas are meaningfully overvalued,” Zandi said during the Recursion webinar. “… First-time homebuyers are locked out because they just simply can’t afford to buy … and trade-up buyers are locked in [with interest rates well below current market levels]. “So,
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Will Springer Realtor
JULY 13, 2023
We’ll have new incentives, and quite frankly, this will inform our budget,” he said. We are charting new territory and success will be measured by creativity and collaboration. Local government, developers, architects and others will need to step up and take responsibility for the sake of our city.
Will Springer Realtor
DECEMBER 11, 2022
This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. The number of active King County listings, as of Dec. 1, was about 17% lower than Nov.
Will Springer Realtor
MAY 9, 2023
In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. Legislation related to transit-oriented development did not pass. The figure was 37% lower than a year ago and, for context, the five-year average of new listings for the month just before the pandemic began was 4021.
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