Will Springer Realtor

FEBRUARY 13, 2025

The projected slowdown could also reduce demand for new construction even though experts estimate our national housing shortage is about 4M units today. new homes will be built per year in 2025-2035 and drop to about 800K units a year in 2035-2045, levels well below the 1.8M Thats up from 63% in 2010. San Jose, Calif.,

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Will Springer Realtor

APRIL 8, 2021

. >> Counting both the demand for single-family and multi-family housing needed to meet current needs (plus factoring in demolished or lost housing), NAR projects we have a backlog in construction of 3.2 million new homes as of the start of this year. STATE CAPITAL UPDATE. That figure is roughly 0.7% MARCH HOUSING UPDATE.

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Will Springer Realtor

MAY 9, 2022

just as Google opens another office building in Kirkland and Microsoft expands its 120-structure Redmond campus with plans for 17 new office buildings. All this tech construction gives new meaning to IT architecture! “A BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq.

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Will Springer Realtor

NOVEMBER 14, 2023

Sales activity across the county is at historic lows; no October has experienced fewer listings in King County – not even close – since at least 1992 when records were first archived online. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Closed sales fell 0.9%

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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. Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. The number of new listings in the previous month and remaining on the market as of Oct. bath , 3400 sq.

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Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. That median figure is the smallest measure for a home since 2010 and marks a reversal after a brief increase during the post-Covid building boom. >>

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Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Now, home builders would need to construct as many as 1.2 million more home listings across the U.S.

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Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. million people work in residential construction, or about 2.8% The average King County single-family listing sold in May 9.5%

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Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! Fudge noted that supporting the construction of manufactured and 3-D printed homes were avenues “being discussed” at HUD. BY THE NUMBERS. >> month to month (436) and 6.1%

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Will Springer Realtor

AUGUST 9, 2021

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. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city.

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