Construction Development New Listings Transportation 
Will Springer Realtor
MAY 13, 2024
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. An annual survey released this month by the Federal Reserve Bank of New York said renters put the probability of ever owning a home at 40%, down from 44% last year.
Will Springer Realtor
SEPTEMBER 12, 2023
These findings provide a strong economic base and cement walkable urban places and development as the wave of the future, as we move toward a more connected, environmentally sustainable way of life.” In addition, discussions are well underway between city leadership, neighborhood advocates and developers to consider placing a “lid” over I-5.
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Will Springer Realtor
MAY 9, 2023
Legislation related to transit-oriented development did not pass. Whether it was cutting red tape and construction costs or ensuring our cities allow more affordable options near transit and jobs, these bills, working together, mean more homes, at more affordable prices, in communities all across our state.”
Will Springer Realtor
AUGUST 9, 2022
ADUs also help local economies by providing housing to people on the lower-to-middle economic scale to live within typically pricy urban areas that are closer to job centers and greater public transportation options. The number of new homes for sale fell 19% (4009) across the county from June to July and 9.5% CONDO NEWS.
Will Springer Realtor
OCTOBER 8, 2021
Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. As part of the project, developers are sketching out plans for a pair of office towers at least 41 stories tall on a 4.6-acre Buyers will likely snap up any home to be within walking distance of the new transportation hubs.
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.
Will Springer Realtor
DECEMBER 12, 2023
This dynamic of private vehicle vs. public transportation will play out first in dense areas – like Seattle, Bellevue, Federal Way – and will be interesting to watch. POLLUTED PIPES We cap this month’s news with yet another “P” story. The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586).
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