Housing Wire

APRIL 11, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. But we have a housing shortage, right? One of my big calls in the previous expansion was that we wouldn’t see housing starts begin a year with 1.5 Wait, what?

Inventory 494

Inventory Housing Market Marketing Modernization 494

Housing Wire

MARCH 29, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. But we have a housing shortage, right? One of my big calls in the previous expansion was that we wouldn’t see housing starts begin a year with 1.5 Wait, what?

Inventory 404

Inventory Housing Market Marketing Modernization 404

Housing Wire

OCTOBER 12, 2022

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. The slowing effect on the housing market of the higher mortgage rate environment has been largely predictable, and home prices appear to have already begun trending downward.”.

Contracts 414

Contracts Modernization Housing Market Mortgage 414

Houston Properties

JULY 18, 2022

Contact Paige Martin , a top-ranked Houston realtor and head of the Houston Properties Team for questions and advice about River Oaks homes for sale. She is the best Houston realtor and we hope others won't have to depend on luck to find her. If you need a realtor in Houston, call her quickly and get ready to be wowed!

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Appraisal Today

AUGUST 18, 2023

As you may have heard, a cyberattack has shut down Rapattoni, a property data provider, leaving realtors and appraisers in 12 states without access to MLS data. That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. Just over 8% of U.S.

Appraisal 77

Appraisal Contracts Inspection Real Estate 77

Housing Wire

DECEMBER 15, 2021

Housing inventory remains persistently low, home prices are at all-time highs and affordability is becoming out of reach for more people with every passing day. HousingWire: What are the current challenges when it comes to affordable housing? Bill Dallas: As construction and labor costs have climbed, so, too, have home prices.

Finance 335

Finance Construction Law Inventory 335

Will Springer Realtor

JULY 8, 2022

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.”.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

OCTOBER 11, 2022

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. . >> months’ inventory for all homes on the market and in the single-family category.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Appraisal Today

SEPTEMBER 8, 2023

an ever-evolving economic environment, key aspects such as inflation, employment, and the housing market are undergoing significant changes in August 2023. This post analyzes the recent data and insights, highlighting potential impacts and the overarching market conditions. bath, 2,908 sq.ft.,

Appraisal 83

Appraisal Contracts Business Construction 83

Will Springer Realtor

MAY 13, 2024

GIMME SHELTER: AMERICA’S HOUSING PROBLEM WORSENS This country is struggling – mightily – to put enough roofs over the heads of Americans. Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

JANUARY 9, 2024

This represents about 75M homeowner households, according to a Harvard housing report, out of a total of 85M households nationwide. The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). homes shy of what’s needed today.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

SEPTEMBER 8, 2021

One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” See the August housing report further below, if you dare!). SEPTEMBER HOUSING UPDATE. The August housing data was mostly consistent any way your sliced it.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

APRIL 11, 2022

The spring housing market will include a trio of indicators – all rising. This year’s buying and selling campaign will be marked by increasing inventory (good!), Prices in King County continue to climb and single-family homes come on and off the market in a median of 5 days (or an average of 11 days). . >>

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

MAY 9, 2022

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. a month ago.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.”

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

APRIL 8, 2021

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). >>

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JUNE 9, 2021

Fast forward to today and markets here and across our nation are going through serious inflationary pressures. Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. million for sale today. in April).

Housing Market 36

Housing Market Marketing Inventory New Listings 36

The Robert Weiler Company

NOVEMBER 10, 2021

Not only that, but you want those transit links to be modern, well funded, and in high use. Regardless of which sectors you consider your commercial real estate investment, it’s crucial to take stock of the housing market at large, as the macro trends will help dictate your ability to afford and gauge the mood of potential tenants.

Real Estate 78

Real Estate Retail Investing Tenants 78

Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. To a happy 2024! =

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

JUNE 11, 2024

NAR SETTLEMENT UPDATES The real estate listing service for Western Washington has turned down an offer to join the nationwide settlement between the National Association of Realtors® (NAR) and sellers over claims of inflated compensation to brokers. Here’s a marvelous mid-century modern home in West Bellevue worth browsing … or buying.

Construction 36

Construction Buyers Real Estate Sellers 36

Will Springer Realtor

AUGUST 9, 2021

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). A surprising 3% used the time to build a new house. AUGUST HOUSING UPDATE. million home sales.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

JULY 9, 2021

“We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. HOUSING FOR ALL. Inventory across our area remains extremely low. They are often surprised by my answer.

Buyers 36

Buyers Development Transportation Inventory 36