Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. The market has, ahem , evolved in the four years since. monthly decline in available Seattle listings (793). on the Eastside.

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Will Springer Realtor

APRIL 11, 2023

Locally, the number of home buyers signing pending-sale contracts has risen for four consecutive months – indicating an increase in demand. That’s not saying much since the housing market has mostly been in hibernation during the fall/winter months. Total home sales are up 35% (1956) from the previous month but down 32% YoY.

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Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. Buyers and sellers tiptoed through caution. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Um, bye-bye!

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Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. The market is now in the process of thawing after a lengthy cool down, as buyers begin anew to seek change in their home dynamics. higher than January 2023.

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Housing Wire

OCTOBER 22, 2023

15] The following are the only forms of primary photo identification accepted: A current government-issued driver’s license U.S. Lead Gen As a new agent, make it a priority to pick a brokerage that is committed to helping you with marketing and exposure. You’ll want to ask how the brokerage promotes agents’ listings too.

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Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. The favorable boost in supply is the result of fewer buyers and sellers compared with most spring seasons.

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Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s Buyers with the deepest pockets may wait, however. home buyers. For our housing market, it’s time to have that talk. It can often be trying and tiring.

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Will Springer Realtor

JANUARY 11, 2023

A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’”. The bar is so low on listings and sales data that one might trip over it. CONDO NEWS. LUXURY LIVING.

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Will Springer Realtor

OCTOBER 11, 2023

For the most part, we can celebrate the standards established by state and local governments as they evolve into the second century. The first successful zoning laws were established in 1916 to determine building heights in New York City, soon followed by the zoning of residential and business districts.

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Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. At the same time, the percentage of first-time buyers in the U.S.

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Inventory Buyers Sellers New Listings 36

Will Springer Realtor

SEPTEMBER 12, 2023

topped the list. SEPTEMBER HOUSING UPDATE There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the number of sales rose 1.7%

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Will Springer Realtor

APRIL 8, 2021

More buyers are making larger down payments. Buyers in the U.S. housing markets. The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. . >> MARCH HOUSING UPDATE.

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

AUGUST 9, 2022

Many local governments permit at least one dwelling unit with the main residence and some locales accept an attached and detached unit on the same property. What’s not to like about an affordable housing option with private access, bedroom, kitchen, bath and living area? I have written on this topic before. Everett claimed the No.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. Forget investing in a new home, you might want to look at kitchen and bath suppliers and remodelers as wise investments! The so-called rate-lock effect is prompting many homeowners to remodel over a move.

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Will Springer Realtor

MAY 9, 2022

Let’s just hope government leaders and other influencers remember to bring everyone along for the ride. DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas.

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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.

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Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers.

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. To a happy 2024! = It’s apparently too tall of a task.

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Real Estate Buyers Housing Market Law 36

Will Springer Realtor

AUGUST 9, 2021

The direction this country is heading on housing affordability and supply is dangerous for people and communities. The Biden administration’s $2T infrastructure plan includes $213B allocated for housing, with a focus on low- and middle-income homeowners and potential buyers. AUGUST HOUSING UPDATE. POTENTIAL TAX SAVINGS.

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Will Springer Realtor

FEBRUARY 9, 2024

SPOTTING TRENDS Builders are hearing from prospective buyers: Developers are being asked to create stylish and functional homes with little compromise on size and at lower prices. Note: Average prices include all home sales – including ultra-luxury properties – and do not portray the housing market as accurately as median prices.)

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