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Will Springer Realtor - Untitled Article

Will Springer Realtor

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. And, opening this year, Graystone.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

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. A little more than a third of inventory is under contract. Prices declined 5.4%

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. The Knight Frank survey covered 49 global markets. >> Seattle is on pace to have one of the slowest annual growths in apartment-unit construction in the U.S. New listings are up 6.3% List: $5.2M, $701/sq. 1 vs. Sept.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. million more home listings across the U.S. >> NAHB reported an estimated 15% of all new-construction home sales in the U.S. We are on the right track.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Well, researchers at realtor.com went a little deeper to find out what those consumers are seeking when looking for a new home. THE ROI OF HOME RENOVATION. As of this writing, about 47% of the 262 units are under contract or sold – including this 36-floor, sub-penthouse with stunning West-facing views. below the $7.2M

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