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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. The number of new homes for sale fell 19% (4009) across the county from June to July and 9.5% year-on-year (YoY).

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

I would say that this is definitely the first time we’ve seen properties sell as quickly as they have in our data history,” said Danielle Hale, chief economist at realtor.com. Another issue: New condo buyers must declare in writing at closing how they intend to use the home – as a primary or secondary residence or as a rental property.