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Will Springer Realtor - Untitled Article

Will Springer Realtor

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

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PREDICTIONS, PARKING, POLLUTED PIPES

Will Springer Realtor

This dynamic of private vehicle vs. public transportation will play out first in dense areas – like Seattle, Bellevue, Federal Way – and will be interesting to watch. >> A survey of the largest 50 cities determined Redmond is the 10 th -most active for new apartment construction. San Jose, Calif., came in second. >>

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SEATTLE POPULATION SPURT FUELS HOUSING DEMAND

Will Springer Realtor

Investment in affordable housing near inexpensive public transportation is a key mechanism to reduce the cost of living, and housing investments can help mitigate climate change when coordinated with transit options. could potentially generate thousands of homes in areas already served by public transportation.

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