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Strong jobs report suggests rate cuts won’t come ‘til summer

Housing Wire

Job gains occurred mainly in health care, government, food services, social assistance, transportation and warehousing. In February, employment continued to trend up in construction, adding 23,000 jobs month over month. “Job seekers are taking longer to find work, and the number of job switchers has declined.” and were up 4.3%

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Top Ranked Realtors: Paige Martin & The Houston Properties Team. On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. Typically, new construction homes come with a higher purchase premium, and repair and maintenance require too much investment.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.

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Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. Fuel to fill our vehicle gas tanks and to transport goods weigh heavily on inflation; 18% of the Consumer Price Index is for transportation costs – the second largest component of the CPI after housing/shelter (42%).

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

A builder could also agree to install more bike storage or pay a fee-in-lieu to fund public parking and transportation infrastructure that serves the entire neighborhood. This year’s buying and selling campaign will be marked by increasing inventory (good!), Inventories for condos were little changed from month to month, standing at 0.6

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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”. construction jobs in the U.S., year-on-year (YoY), according to U.S. “In

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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

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. Inventories are on the rise, so much so that one area is now considered a buyer’s market. AUGUST HOUSING UPDATE.