2000 Construction New Listings 
Housing Wire
FEBRUARY 24, 2023
As we can see in the chart below, we are still below the recession levels of 2000 and really trending at 1996 levels. months of the supply is active listings, 68K 5 months of the supply is still under construction, 280K 1.6 To get more inventory you need more Americans to list their homes. When supply is 4.3
Empire Appraisal Group
SEPTEMBER 8, 2022
home prices are about to tumble as demand for new houses ‘craters,’ an economist warns.” Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch). As expected, mortgage applications have dropped off a cliff – to the lowest level since 2000. BusinessInsider).
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Will Springer Realtor
JUNE 13, 2023
It’s true, there is a welcome increase in new listings from month to month – up 18% across all home types in King from April and 19% higher for the single-family-home category – but isn’t that what you would expect in the typically busiest periods of the housing season? In March, 33% of homes listed for sale in the U.S.
Will Springer Realtor
JULY 13, 2023
Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. We certainly see that in all forms of residential real estate – from new construction to finding items for the home.
Will Springer Realtor
SEPTEMBER 12, 2023
A concrete and steel cover connecting First Hill to downtown, for example, would reduce traffic noise, potentially add more parkland and encourage construction of new housing. BY THE NUMBERS >> A survey of 2000 adults across the 50 largest U.S. The few homes that are available are selling quickly and at or above list price.”
Will Springer Realtor
AUGUST 9, 2021
annually between 1968 and 2000 but has since dropped to an average rate of 0.7% And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. The nation has faced a shortfall of 5.5
Will Springer Realtor
DECEMBER 10, 2024
Immigration policies may impact labor availability, a critical factor given the construction workforce’s reliance on immigrants. PERSISTENT BUILDING CHALLENGES There are roughly 1M fewer workers in construction trades than during the 2007 housing boom, just before the Great Recession. to get ahead of the competition.
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