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Why housing inventory is so low right now

Housing Wire

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. But we have a housing shortage, right?

Inventory 514
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Why housing inventory is so low right now

Housing Wire

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. But we have a housing shortage, right?

Inventory 435
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The Goodwin: Newest Belltown Condo Uniquely Positioned for the Modern Buyer

Will Springer Realtor

The Goodwin is the newest Belltown residential choice that is uniquely positioned for the modern buyer. Constructed in 2010 with high standards, the concrete-and-steel, eight-story structure was first opened as an apartment until owners decided to convert each unit and open as a condo later this year.

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Are New Homes in Birmingham Getting Smaller?

Birmingham Appraisal

An Interesting Trend Among New Homes As a residential real estate appraiser in the Birmingham, AL market for over 30 years I have seen many changes in new home construction. Additionally, advances in construction techniques have made it more cost-effective to build compact homes that are efficient and eco-friendly.

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Appraising Airbnb Properties

Appraisal Today

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. Most recently, the 2010 build became one of the most expensive homes on the market when it hit the market in early August at the greatly reduced $26 million listing price. And now, the chateau is again up for grabs.

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LAYERS OF UNCERTAINTY AMID JOB CUTS, OFFICE VACANCIES

Will Springer Realtor

The good news is that people still want to live downtown, with the population at about 95K, a 67% increase since 2010 – quite remarkable growth in a dozen years. Bedroom-sized home offices are no longer the norm in modern floor plans. metro between 2010 and 2021, according to data from the U.S. Bureau of Economic Analysis.

Retail 36
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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq. It’s modernism in Medina! million sq.