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. Months of inventory continue to be a burden on all buyers. Inventory is at 1.3

Buyers 56

Buyers Construction Sellers Inventory 56

Raleigh Realty

JULY 12, 2022

These trends in time spent on the market and housing inventory show that homes in Raleigh will continue to be in high demand throughout the year. As supply chain issues cause construction material prices to soar, buyers are more likely to consider purchasing a resale home vs. a new construction home. is renter-occupied.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Will Springer Realtor

DECEMBER 11, 2022

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. months of inventory. Inventories across the county for all home types now stand at 2.2

Inventory 36

Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”).

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

OCTOBER 8, 2021

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% Inventories improved fractionally.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

MAY 9, 2023

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. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36