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. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

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HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

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%). Locally, permits for single- and multi-family home construction are down about 20% from this time last year.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

SEPTEMBER 12, 2023

A concrete and steel cover connecting First Hill to downtown, for example, would reduce traffic noise, potentially add more parkland and encourage construction of new housing. Pro tip: Always bring a buyer broker to represent you to a new construction site. BY THE NUMBERS >> A survey of 2000 adults across the 50 largest U.S.

Sellers 36

Sellers Development Retail Real Estate 36

Will Springer Realtor

DECEMBER 8, 2021

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

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

APRIL 11, 2022

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. Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”.

Construction 36

Construction Development Inventory Buyers 36

The Robert Weiler Company

NOVEMBER 10, 2021

Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Portfolio Growth Potential: Multifamily investments are highly scalable ventures, allowing investors, or even an opportunistic commercial realtor, to purchase multiple properties in a single building.

Real Estate 78

Real Estate Retail Investing Tenants 78

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. Lawrence Yun, chief economist for the National Association of Realtors® told a U.S. Will prices continue to fall?

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 12, 2021

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. They have declined for two consecutive months, according to the National Association of Realtors®. We are on the right track. existing home sales. this year. >>

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

DECEMBER 12, 2023

Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% 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. at this time in 2023 (quite optimistic!).

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

JULY 9, 2021

“We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. Create options for multiple modes of transport – bikes, cars and transit should all be factored in.

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Buyers Development Transportation Inventory 36

Housing Wire

MARCH 31, 2021

Specifically, the plan calls for the construction and rehabilitation of over 500,000 homes in low- and middle-income areas. Biden is also calling on Congress to eliminate exclusionary zoning laws, which he says inflates housing and construction costs – an issue that has crippled homebuilders across the country for more than a year.

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Transportation Construction Investing Law 545