Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

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Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.” That percentage was last seen in September 2007 – yes, at the start of the housing crisis (as the chart shows). CONDO NEWS.

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Architecture Design Buyers Construction 36

Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. People love experiences to fill their memory bank and social media feed – and real estate developers are listening. Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds.

Housing Market 36

Housing Market Marketing Real Estate Buyers 36

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. Legislation related to transit-oriented development did not pass. The figure was 37% lower than a year ago and, for context, the five-year average of new listings for the month just before the pandemic began was 4021.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

MAY 12, 2021

Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. We are on the right track.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JUNE 9, 2021

There are at least five factors that make this housing environment far different – and more stable – than roughly a decade ago: Low inventory and lack of supply – There were some 4 million homes on the market nationally in July 2007 compared with about 1.1 The average King County single-family listing sold in May 9.5%

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

DECEMBER 10, 2024

PERSISTENT BUILDING CHALLENGES There are roughly 1M fewer workers in construction trades than during the 2007 housing boom, just before the Great Recession. For developers today, the shortage of skilled labor represents one of the largest obstacles to meeting demand for homes, offices and infrastructure. The result? The result?

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Construction Real Estate Development Buyers 36