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Home sellers are returning to the market

Housing Wire

The weekly volume of new listings is now higher than at anytime last year. It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. orate further?

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November Housing Update

Will Springer Realtor

Among all home types in King, new listings have fallen 26% in the past month and existing homes for sale at the start of November were down 8.1% Sure, the increases in inventory are impressive – up 123% for all homes in the county from 2021 to today and up a whopping 359% on the Eastside – but that should not surprise anyone.

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HOME BUYERS FACING ‘TRIPLE-WHAMMY’ EFFECT

Will Springer Realtor

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. Among other bills in the works, as of this writing: House Bill 1908 relates to the conversion of surplus public property to affordable housing. Inventory remains a big concern. The company, using data from the U.S.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

The number of new and active listings (still on the market on May 1) is trending higher in King month-to-month, but since June 2021 Pending sales (homes going under contract) for all residential units in the county have declined compared to the same month the year before. Inventories rose in the past month across the county (0.8

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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. >> Seattle homeowners pay a median $4580 in property taxes, based on data collected by LendingTree.com. New York City is No. 1 ($8602), followed by San Jose, Calif.

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IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

POTENTIAL TAX SAVINGS. Skyrocketing property values in our area have their downsides. Owners face higher annual property taxes, and many are reporting difficulty paying, particularly older residents on fixed incomes. The county’s Assessors Office issues its updated property assessments between now and November.