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100+ YEARS IN, ZONING LAWS INCH TOWARD HOUSING EQUITY

Will Springer Realtor

Zoning laws in the U.S. The laws also play a role in community planning. The first successful zoning laws were established in 1916 to determine building heights in New York City, soon followed by the zoning of residential and business districts. The laws can be a double-edged sword.

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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). leading the list. >>

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

We’ll have new incentives, and quite frankly, this will inform our budget,” he said. We are charting new territory and success will be measured by creativity and collaboration. Local government, developers, architects and others will need to step up and take responsibility for the sake of our city.

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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

Most zoning laws grant units up to 1000 sq. Also known as a mother-in-law or cottage, the dwellings can offer viable housing to younger buyers seeking to save for their first home or enable seniors to age within a familiar neighborhood. Don’t get me started about Seattle’s design review exercise!) . Kirkland gets it too.

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HOME BUYERS FACING ‘TRIPLE-WHAMMY’ EFFECT

Will Springer Realtor

We covered this topic of “missing middle” housing last month , and state legislators appear serious about enacting laws that will encourage more building of high-density homes in urban, transit-friendly areas of the state. Even though the Eastside condo market cheered 170 new listings in January, only 35 remained at the end of the month.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 Compare that to the end-April total of 4551 Active listings for the two counties, as well as 0.6 These laws take effect in July. million units.

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PREDICTIONS, PARKING, POLLUTED PIPES

Will Springer Realtor

Two recent laws in Washington reduce or eliminate the need for parking if the properties are in proximity to a transit hub. Interestingly, dozens of state Legislatures reviewed similar proposals this year to reduce parking requirements for residential projects but very few became law. List price: $8.98M ($1273/sq. This 3-bed, 3.75-bath