Lamacchia Realty

FEBRUARY 25, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market The inventory crisis last year caused demand to spike higher than ever by fall into winter, which in turn caused prices to continue to increase significantly. Broward County.

New Listings 41

New Listings Inventory Realty Buyers 41

Will Springer Realtor

DECEMBER 12, 2023

The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). By comparison, there were exactly 2900 new listings across our county in November 20 years ago. While it joined the single-family category with far fewer new listings (down 33% in the last month alone!) higher YoY.

Housing Market 42

Housing Market Marketing New Listings Buyers 42

Will Springer Realtor

APRIL 9, 2024

“Cold water” comes from the central bank’s intent to maintain high financing costs for banks that borrow from other financial institutions. Despite a challenging financing environment, the Seattle/King County housing market is moving forward. above the list price. More on this in a moment.)

Marketing 60

Marketing Inventory Buyers Sellers 60

Lamacchia Realty

JANUARY 24, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. Broward County single family sales, new listings and pending sales decreased, but average price increased year over year. Broward County. What's Ahead?

New Listings 49

New Listings Inventory Buyers Realty 49

Will Springer Realtor

JANUARY 9, 2024

The 802 new listings in December was a low not seen since records were archived online from 1990. No other month has fallen below 1000 new listings in more than three decades of record keeping. Prices mostly fell from the previous month but were higher year-on-year (YoY). 1.0%) this year from the current range of 5.0%-5.5%

Housing Market 61

Housing Market Marketing Inventory Lending 61

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). The county saw a 4.9%

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

AUGUST 11, 2023

income can qualify for financing on a median-priced home. The City of Renton reported in June that 92% of the 7800 new units in the permitting pipeline are expected to be market-rate rentals. Bellevue has an average hourly wage for developers of $74.85. leading the list. >> and Palm Bay, Fla.,

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

JUNE 13, 2023

Higher mortgage rates make monthly financing payments more expensive – not to mention more frustrating – and can often push homeownership further out of reach for younger buyers. A big difference now, however, is that builders don’t want to sit on inventory; they have bills to pay, including massive financing costs from lenders.

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

NOVEMBER 14, 2023

Sales activity across the county is at historic lows; no October has experienced fewer listings in King County – not even close – since at least 1992 when records were first archived online. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Closed sales fell 0.9%

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

JANUARY 11, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. This has caused challenges for buyers seeking financing to purchase a home in the community.

Housing Market 36

Housing Market Contracts Architecture Buyers 36

Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

MAY 13, 2024

Even with aggressive changes to state and local zoning and fewer obstacles for building developers, the highly regarded Urban Institute estimates that by 2044 the Puget Sound region will be 140K homes shy of real demand. With the settlement, a wave of new listings hit the market in the past several weeks. bathroom , 3930 sq.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

OCTOBER 11, 2023

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 effort was led by lawyer Edward Bassett, who went on to develop freeways and parkways. Seattle alone saw a 29% (1213) monthly increase in new listings.

Law 36

Law Development Design Government 36

Empire Appraisal Group

MARCH 11, 2021

That’s going to squeeze out locals using financing. Couple that with a diminishing supply of homes to buy in South Florida, and the search for a new home “is getting tougher for everybody,” Johnson said. Other newly arrived businesses are adding to the demand for housing as they bring employees with them or create new positions.

Buyers 78

Buyers Real Estate Realtors Brokerage 78

Will Springer Realtor

JUNE 8, 2022

Well, I am only a single real estate professional with one opinion but, for me, the solution includes enacting a blend of corporate and federal dollars toward incentivizing the development of affordable for-purchase housing that targets under-served communities whose residents would otherwise find homeownership difficult to achieve.

Design 36

Design Construction Development Property Taxes 36

Birmingham Appraisal

JUNE 1, 2022

If financing were not an issue, and the buyer couldn’t care less about how their contract price compared to other similar properties, it would just be a matter of connecting the buyer with the seller and signing on the dotted line, but life isn’t always so easy. There can be numerous reasons for a slowdown in pending sales.

Agents 52

Agents Marketing Contracts Inventory 52

Will Springer Realtor

SEPTEMBER 12, 2023

These findings provide a strong economic base and cement walkable urban places and development as the wave of the future, as we move toward a more connected, environmentally sustainable way of life.” In addition, discussions are well underway between city leadership, neighborhood advocates and developers to consider placing a “lid” over I-5.

Sellers 36

Sellers Development Retail Real Estate 36

Will Springer Realtor

JULY 13, 2023

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.

Construction 36

Construction Supply Chain Real Estate Development 36

Housing Wire

NOVEMBER 5, 2023

An experienced web developer can also make sure that your site employs SEO (Search Engine Optimization) strategies. High-quality, relevant content such as blog posts, market reports, and property listings will not only provide value but also improve search engine rankings. Personalization is key in making recipients feel valued.

Real Estate 388

Real Estate Tools Real Estate Agent Open Houses 388

Will Springer Realtor

AUGUST 9, 2022

That’s the conclusion of a 2021 report from the Research Institute for Housing America, which signaled added “stress” on housing and housing finance industries in determining risk. The personal-finance site compared states on 34 metrics, such as Millennial employment data, voter turnout and total share of Millennials.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

APRIL 8, 2021

The median down payment on single-family homes and condos purchased with financing jumped 19% in Q4 of 2020 from the previous quarter. of the median sales price for homes purchased with financing, up from 6.6% The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. The corporate backing aims to expedite redevelopment by reducing obstacles to financing urgently needed housing. ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. CONDO NEWS.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

JULY 8, 2022

Except for crypto , the rising cost of nearly everything – gas, groceries and going to see grandma – has forced many of us to recalibrate our finances. for 30-year conventional financing. While the number of new listings in June jumped 8.2% CONDO NEWS. annualized for May – mortgage rates will remain high.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

OCTOBER 11, 2022

We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. ( We are all sensitive to rising interest rates, particularly when attempting to finance the largest purchase of our lives. CONDO NEWS.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. 2 in the U.S. Portland, Ore.,

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

DECEMBER 12, 2023

That may sound like a lot of money to address a serious issue that can damage brain development in children. Only 1513 listings hit the market in the month for all home types, a devastating 30% decline in one month. The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586).

Real Estate 36

Real Estate Buyers Housing Market Law 36