Will Springer Realtor
MARCH 11, 2024
. >> Seattle metro has benefitted from 6138 new apartment units in 2023, according to data compiled by John Burns Research and Consulting, which forecasts another 25,687 units in development. 1 with a combined 75,274 units newly completed or being developed. Annual property taxes are, gulp! I’m ready to help!
Housing Wire
MAY 8, 2023
Department of Housing and Urban Development ( HUD ) , that 200,000 represented close to 20% of all single-family homes supplied to the market in 2019. More Affordable than New Homes Not surprisingly, housing supplied by new homebuilders is higher priced than housing supplied by distressed property renovators.
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Will Springer Realtor
MARCH 14, 2022
The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel. Similar fears exist for the energy supply, equity markets, currencies, electric and internet grids, and defense of nations aligned against Russia. Developers can build only so many new homes at a time!
Will Springer Realtor
NOVEMBER 12, 2021
shows a link between heart health and inclusionary zoning, where local governments require developers of new multifamily buildings to set aside a certain number of units for low-income housing. The pair of recent developments may be breakeven for buyers. Some parts of the U.S. – Yep, me too! according to a Q3 report from ATTOM.
Will Springer Realtor
MAY 9, 2023
In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. Legislation related to transit-oriented development did not pass. ———- We are watching developments at Escala , the elegant luxury condo in downtown Seattle. Property taxes are steep at $60K a year.
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