Housing Wire

JUNE 21, 2021

“I never know how my day is going to go, because when a new listing comes on the market in Knoxville, the race is on. ” On the construction side, builders throughout the country are struggling to keep up with demand, as lumber and building material prices remain high. It’s like a horse race.

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Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Listen to the full episode to learn more about factors impacting the real estate market in 2022, forecasting trends for 2023 real estate market, strategies for investing in the current real estate market, and more.

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Housing Wire

DECEMBER 6, 2021

When Gogo Bethke began her career in real estate back in 2011, the Romanian immigrant felt like social media was her only option to generate leads and close deals. “I Instead, the Michigan-based eXp agent created her Facebook business page shortly after passing her licensing exam in 2011 and named it “Gogo’s Real Estate.”. “I

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Listing Spark

MARCH 9, 2023

With the Texas real estate market constantly changing and evolving, it can be difficult to stay informed on current trends or predict what will happen in 2023. But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential.

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Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. but “When.”.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

OCTOBER 8, 2021

Puget Sound Business Journal this month described Bellevue’s real estate market as “arguably the West Coast’s hottest.”. We already anticipate 25,000 new Amazon employees to be based in Bellevue within a few years, but nearly every week a company is announcing the addition of 500 workers here or 1500 workers there. “We

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Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% Every month, the number of permits authorized to erect new single-family homes has gone up.

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Finance Inventory Construction Buyers 68

Will Springer Realtor

MAY 12, 2021

Now, home builders would need to construct as many as 1.2 Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 This was the fastest pace for combined single-family and multi-family construction since June 2006.

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

MARCH 12, 2024

The picture was somewhat similar for single-family homes as a stand-alone category, with new listings up 38% (1845) and sales 41% (1064) stronger month-to-month, but the YoY numbers were more telling, up 31% and down 4.2%, respectively. Because new home construction hasn’t kept up. Rates zipped above 7.0%

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Lamacchia Realty

MARCH 29, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market The inventory crisis last year caused demand to spike higher than ever by fall and into the winter, which in turn caused prices to continue to increase significantly.

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New Listings Inventory Realty Buyers 53

Lamacchia Realty

JANUARY 24, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Broward County. Miami-Dade & Palm Beach Counties. What's Ahead?

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Lamacchia Realty

FEBRUARY 25, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market The inventory crisis last year caused demand to spike higher than ever by fall into winter, which in turn caused prices to continue to increase significantly. Broward County.

New Listings 41

New Listings Inventory Realty Buyers 41

Will Springer Realtor

MARCH 10, 2023

Today, real estate is ‘nobody’s market,’” notes realtor.com’s chief economist Danielle Hale. Year Ago CONDO NEWS It’s full speed ahead at Avenue Bellevue , the two-tower, high-end condominium project in the heart of the city. The structures have been topped out and construction cranes are coming down.

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Construction Modernization Buyers Inspection 36

Will Springer Realtor

AUGUST 11, 2023

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. Real estate pros – some of the most optimistic bunch in any industry – acknowledge this is a housing dilemma.

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Will Springer Realtor

JULY 13, 2023

“Workers are in the driver’s seat now because they are in such short supply,” said Rossell, speaking to an international group of real estate professionals. Rossell also expects “significant” losses to occur for commercial real estate holders and that the issue of low office vacancies could drag on for decades.

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Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. There is definitely a belief that home prices will go down,” noted Ali Wolf, chief economist for real estate consultancy Zonda. since October to $817.5K. LUXURY LIVING.

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Will Springer Realtor

JUNE 13, 2023

These are the two most frequently discussed items by both the people working in residential real estate and the customers and clients they serve. Supply of resale housing (as opposed to new construction) is shrinking across our region. Interestingly, a higher proportion of home sales are now coming from new construction.

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Will Springer Realtor

MAY 13, 2024

A year later, the same real estate consultancy estimates the number has expanded to 2.1M, a jump of 24%. Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. We are now experiencing historic shortages. shy of the need.

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Will Springer Realtor

JUNE 8, 2022

Well, I am only a single real estate professional with one opinion but, for me, the solution includes enacting a blend of corporate and federal dollars toward incentivizing the development of affordable for-purchase housing that targets under-served communities whose residents would otherwise find homeownership difficult to achieve.

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Design Construction Development Property Taxes 36

Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

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Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

JANUARY 11, 2023

December is typically the slowest time of year for local residential real estate sales, but the final few weeks capped what turned into the slowest year in a decade for the purchase and sale of homes across King County. JANUARY HOUSING UPDATE. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’”.

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Will Springer Realtor

MAY 9, 2023

Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Legislation related to transit-oriented development did not pass. The pending law is on the governor’s desk awaiting his signature. 2 in the U.S.

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Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

AUGUST 9, 2021

I have covered this topic both within the newsletter and on my blog and hear from people in real estate about their frustration over the lack of significant action. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city. million to 6.8

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Construction Inventory Property Taxes Development 36

Will Springer Realtor

OCTOBER 11, 2022

The Fed is determined to cool inflation, and they’re willing to throw housing under the bus to do so,” Devyn Backman, senior researcher at John Burns Real Estate Consulting, told realtor.com. People love experiences to fill their memory bank and social media feed – and real estate developers are listening.

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Will Springer Realtor

MAY 9, 2022

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 While these are promising developments, there will always be the affordability question. million sq.

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Architecture Design Buyers Construction 36

Will Springer Realtor

DECEMBER 12, 2023

Scott Real Estate. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. Here is the scheduled link to the story – Expectations for 2024 in Seattle/King County Real Estate. The online real estate firm reviewed the 100 largest U.S.

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Real Estate Buyers Housing Market Law 36

Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. The effort was led by lawyer Edward Bassett, who went on to develop freeways and parkways. . = Zoning laws in the U.S. The benefits of zoning are innumerable.

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Will Springer Realtor

AUGUST 9, 2022

A climate-risk assessment published by the Risky Business Project estimated that between $66B and $160B worth of real estate will be below sea level by 2050. The market recalibration continues across King County with a sharp drop in new listings, Pending sales and closings while prices decline. of all U.S.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

SEPTEMBER 12, 2023

A report from Smart Growth America and real estate info services firm Places Platform named Seattle one of the top five walkable cities in the nation. Portland was right behind us, with New York City at No. Seattle’s Equitable Development Initiative is a good example. New owners here spend an average of $232.5K

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Sellers Development Retail Real Estate 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. One aspect of rising housing prices is ballooning materials costs for new home builders. Then the housing bubble burst. of the U.S.

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

JULY 9, 2021

Urban planners have a name for it: the 15-minute neighborhood and it is already in development in parts of the country, including Seattle. Where would you like to see this type of neighborhood development? based real estate research and publishing firm. Make sure residents can get to their employer and to a jobs center.

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Buyers Development Transportation Inventory 36

Will Springer Realtor

APRIL 8, 2021

The outlook for the next two to three months is really, really rough,” predicts Marci Rossell, an economist with LeadingRE, an international luxury real estate portal that includes John L. ATTOM Data Solutions , a real estate data-research firm, reports the top 10 areas with the highest ROIs in the U.S. San Jose, Calif.,

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