Housing Wire

DECEMBER 14, 2024

Overall, this is a positive development for the U.S. Weekly inventory change (Dec. 13): Inventory fell from 690,015 to 682,150 The same week last year(Dec. Thanksgiving came one week later this year, hence the one-week delays on a lot of weekly housing data.

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Housing Wire

OCTOBER 23, 2024

Home sales have been essentially stuck at around a four-million-unit pace for the past 12 months, but factors usually associated with higher home sales are developing,” said NAR Chief Economist Lawrence Yun. In 2010, when the new listings data was exploding, over 23% of homes in America were underwater.

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Will Springer Realtor

JANUARY 11, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. The 2-story house with finished basement was built in 2007 and updated after the former Seahawks star bought the place in 2015 for $6.7M. baths in 11,104 sq.

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Will Springer Realtor

AUGUST 11, 2023

The City of Renton reported in June that 92% of the 7800 new units in the permitting pipeline are expected to be market-rate rentals. Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house. leading the list. >>

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Will Springer Realtor

APRIL 8, 2021

The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings. MARCH HOUSING UPDATE.

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Will Springer Realtor

FEBRUARY 13, 2025

Census data, the median square footage of new single-family units peaked in 2015 at 2466 square feet and dropped to 2177 in 2023. And, there are clear indications this is the new normal for decades to come. According to U.S. Demographics. SOCIAL HOUSING OUTCOME Seattle voters have spoken!

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Will Springer Realtor

MAY 13, 2024

Even with aggressive changes to state and local zoning and fewer obstacles for building developers, the highly regarded Urban Institute estimates that by 2044 the Puget Sound region will be 140K homes shy of real demand. With the settlement, a wave of new listings hit the market in the past several weeks. bathroom , 3930 sq.

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Will Springer Realtor

JULY 8, 2022

While the number of new listings in June jumped 8.2% in new listings and 57% in active listings at the start of this month (3256), up 124% from a year ago. Spire was Seattle’s fastest-selling condominium development in 2021, now with a little more than half of all units sold.

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Housing Wire

DECEMBER 28, 2024

The most positive development in the housing market over 2024 has been the increase in active housing inventory , which is approaching the levels seen in 2019. The peak New listings came in a bit over 75,000 weekly. Weekly inventory change (Dec. 27): Inventory fell from 667,466 to 650,992 The same week last year (Dec.

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Housing Wire

FEBRUARY 15, 2025

New listings data The new listing data from Altos Research reflects homes that come to the market without an immediate contract, providing us with a real-time view of any selling pressure in the market. The last two years were the two lowest new listings data years in history. market and recent listing data.

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Housing Wire

NOVEMBER 30, 2024

While the increase in demand may not be significant, it’s still a positive development, and that’s worth celebrating! Although I underestimated the growth of new listings data during the peak seasonal weeks by 5,000, it is encouraging that we saw growth in 2024. Weekly inventory change (Nov.

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Housing Wire

JANUARY 18, 2025

The seasonal data has been historically low in 2023 and 2024, so an increase toward 80,000 to 110,000 during the peak season would be a positive development. Weekly inventory change (Jan. 17): Inventory rose from 624,419 to 632,118 The same week last year (Jan. However, we had stressed credit sellers back then, which is not the case now.

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Housing Wire

MARCH 29, 2025

Last week marked another positive development in inventory. Looking back, I had initially projected that we would reach a minimum of 80,000 listings during the peak seasonal weeks in 2024. It is encouraging to see that the housing market is making notable strides toward a more balanced level of active inventory.

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Will Springer Realtor

FEBRUARY 9, 2024

To address the issue, Dr. Vivek Murthy developed six pillars that spotlight a need for social connectedness. SPOTTING TRENDS Builders are hearing from prospective buyers: Developers are being asked to create stylish and functional homes with little compromise on size and at lower prices. In fact, the U.S. THE YEAR OF HOUSING 2.0

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