Remove Contracts Remove Inventory Remove New Listings Remove Renovations
article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

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. Single-family inventory is unchanged from October at 2.1

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 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. Why the desire to leave?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3% across King and up 17% in Seattle and the Eastside – while active listings are falling 3.3% Inventories improved fractionally. months of inventory across all homes in King County, up from 0.6 1 vs. Sept.

article thumbnail

Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. Compare that to the end-April total of 4551 Active listings for the two counties, as well as 0.6

article thumbnail

JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Well, researchers at realtor.com went a little deeper to find out what those consumers are seeking when looking for a new home. THE ROI OF HOME RENOVATION. Home prices are going to continue to go up until the inventory comes back bit,” said Rick Sharga, EVP at real estate information provider Realty Trac. Looking for selection?

Buyers 36