Remove HOA Remove Housing Market Remove New Listings Remove Realtors
article thumbnail

RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Not really sure.”.

article thumbnail

FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. . >> OCTOBER HOUSING UPDATE. home-buying population at large (34%).

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 HOUSING MARKET HEADED FOR A CRASH?

Will Springer Realtor

Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 market during the pandemic – and there is great anticipation for strong demand. >> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up.

article thumbnail

June 2022 South Florida Housing Report

Lamacchia Realty

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for June 2022 compared to June 2021. Average price increased in both property types. South Florida Inventory.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. All has apparently been settled before reaching trial, according to the HOA and its building management company.

HOA 36
article thumbnail

Signs of Inflation Expand Well Beyond Housing Prices

Will Springer Realtor

home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). Of course, most of these figures pale in comparison to our market, where median home prices across King County are more than twice the national average (see the market report for March further down). >>

article thumbnail

CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas. He was one of the authors of a recent report that found signs of a housing bubble in the real estate market.