Will Springer Realtor

FEBRUARY 8, 2022

In a sellers’ market where new listings are scarce, owners are requesting time – days or weeks – to find their next residence and move. Buyers, often frustrated by losing bids on multiple homes, agree to the unconventional arrangement, sometimes without much thought. Picture this: Buyers agree to allow Mr. and Mrs.

Sellers 36

Sellers Buyers Landlords Tenants 36

Miller Samuel

JUNE 28, 2020

When a potential home buyer looks at a listing on a public-facing web site, they look at DOM as one way to determine whether the listing price is reasonable. The longer a listing sits on the market as compared to other listings, the more likely it is over-priced. Ignoring the buyers.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

Will Springer Realtor

FEBRUARY 13, 2024

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. There is plenty of pent-up demand from prospective buyers who have watched for months from the sidelines as financing costs remained untenable. The federal government updated inflation numbers on Feb.

New Listings 53

New Listings Buyers Inventory Lending 53

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. Yes, buyers and sellers, we are in a rare price correction period for single-family home sales in King County.

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

MARCH 12, 2024

As a result, home buyers and sellers across Seattle/King County saw a mixed bag of activity in February, according to the Northwest Multiple Listing Service (MLS). This return of buyers follows a sluggish late 2023. Months of inventory continue to be a burden on all buyers. A typical Seattle condo fetches $558,000, up 3.8%

Buyers 55

Buyers Construction Sellers Inventory 55

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!

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

APRIL 11, 2023

“Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.”  Locally, the number of home buyers signing pending-sale contracts has risen for four consecutive months – indicating an increase in demand. What to watch for?

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. New listings in King were off 26% month-to-month (1583) and Active listings were down 9.4% (2296).

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

MAY 13, 2024

Government planners in our four-county region have until the end of this year to revise and then implement by mid-2025 their Comprehensive Plans for growth management to provide adequate space for housing, transportation and services (among many other aspects) to all its residents for the next 20 years.

HOA 36

HOA Transportation Construction 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. The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. I have written on this topic before.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

JANUARY 11, 2023

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. As always, bring a buyer broker to represent you during each step of the way!

Housing Market 36

Housing Market Architecture Contracts Buyers 36

Will Springer Realtor

APRIL 8, 2021

More buyers are making larger down payments. Buyers in the U.S. >> Through February, the number of existing home listings across the U.S. offers made on every sold home in February, NAR reported, and properties across the nation are currently finding a buyer in a record-low 20 days on average. >>

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

DECEMBER 12, 2023

Prospective buyers this year have mostly watched the housing market pass from the sidelines. That, in turn, will finally move the market forward with additional sellers and buyers. Prices, sadly for buyers, will likely continue their trend higher. Oregon turned down $37M from the federal government, AP reported.

Real Estate 36

Real Estate Buyers Housing Market Law 36

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.

Real Estate 354

Real Estate Real Estate Agent Agents Brokerage 354

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. In case you missed it….

Law 36

Law Development Design Government 36

Appraisal Today

AUGUST 25, 2023

I have seen this type information before, but mostly from contacting companies, recruiters or government databases. In Bakersfield, for example, Golden Empire MLS participants can submit a form to post new listings, open houses and price changes. But the MLS is also finding new benefits in its partnership with RPR®.

Appraisal 79

Appraisal Real Estate Agent Agents Real Estate 79

Will Springer Realtor

MAY 9, 2022

Let’s just hope government leaders and other influencers remember to bring everyone along for the ride. That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The potent combo of rising U.S.

Architecture 36

Architecture Design Buyers Construction 36

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. 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. It’s a 3-bedroom, 1.75-bathroom

Development 36

Development Design Housing Market Real Estate 36

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.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. The few homes that are available are selling quickly and at or above list price.” fewer new listings, the number of sales rose 1.7% While there were 5.8%

Sellers 36

Sellers Development Retail Real Estate 36

Will Springer Realtor

AUGUST 9, 2021

The Biden administration’s $2T infrastructure plan includes $213B allocated for housing, with a focus on low- and middle-income homeowners and potential buyers. The report also noted 3% of Seattle listings are at or above $3M and 1% are above $5M in the city, which had a median home price of $857,000 at the time of the survey. >>

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

MAY 9, 2023

Forget investing in a new home, you might want to look at kitchen and bath suppliers and remodelers as wise investments! THIS LAND IS YOUR LAND Local governments across our state (including North Seattle looking south, pictured) are undergoing a massive review of their land-use regulations in something called a Comprehensive Plan.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

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.

Construction 36

Construction Supply Chain Real Estate Development 36