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Will Springer Realtor - Untitled Article

Will Springer Realtor

The pending law is on the governor’s desk awaiting his signature. Legislation related to transit-oriented development did not pass. Except for the pandemic year of 2020, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available.

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

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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. is now at just under $3.6M, an 18% discount.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Urban planners have a name for it: the 15-minute neighborhood and it is already in development in parts of the country, including Seattle. Create options for multiple modes of transport – bikes, cars and transit should all be factored in. Where would you like to see this type of neighborhood development? Send me a message.

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