Housing Wire

JANUARY 19, 2023

The report noted that “most bankers reported that residential mortgage demand remained weak.” “Consumer spending increased slightly, with some retailers reporting more robust sales over the holidays. New home construction costs were lower than their recent peak but were still above pre-pandemic levels.

Inventory 402

Inventory Housing Market Marketing Construction 402

Will Springer Realtor

SEPTEMBER 12, 2023

New owners here spend an average of $232.5K on first-year costs, including a 20% down payment, closing costs, monthly mortgage, insurance and property taxes. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the number of sales rose 1.7%

Sellers 36

Sellers Development Retail Real Estate 36

Will Springer Realtor

MAY 9, 2023

Information from the National Mortgage Database shows 83% of all mortgage holders enjoy an interest rate below 5% when today’s average rate is about 6.5%. Falling new inventory is constraining transaction volumes while also supporting higher home prices. And residential real estate?

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

DECEMBER 12, 2023

It was a year of gyrating mortgage rates and stubbornly high home prices. Mortgage rates rose and rose again to more than 8% but have since mercifully fallen by nearly a percentage point. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7%

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

JULY 9, 2021

Create options for multiple modes of transport – bikes, cars and transit should all be factored in. David Goldberg, chair of the Land Use & Transportation Committee of the Seattle Planning Commission, is helping to lead the city’s own 15-minute neighborhood. of all mortgaged properties, were in negative equity. in 2020.

Buyers 36

Buyers Development Transportation Inventory 36