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Down Payments: Bigger Isn’t Always Better

Will Springer Realtor

The reality is repeat buyers make a down payment of about 17% while first-timers put down about 6%-7% – figures that have been generally consistent for the last five years in the U.S. This knowledge is critical to have when saving for a home and estimating when buyers may reach their down payment goal. Let’s bust that myth right now!

Buyers 36
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Will Springer Realtor - Untitled Article

Will Springer Realtor

GROWING INVESTOR PRESENCE PLACES NEW BURDEN ON BUYERS You’re a first-time homebuyer who has found the perfect house within budget – only to be outbid by $10,000 to an LLC. Investors continue to snap up homes and convert them into rentals, frustrating traditional buyers. What in the H-E- L-L … C is going on?!

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Eastside Light Rail Expansion Offers Hope for More Housing

Will Springer Realtor

The residential portion of the project may be completed in 2028. > Whether you’re a homeowner, investor or commuter, now is the time to consider how these changes will impact your future. The massive project, developed by B.C.-based based Onni Group, is sited at the former Doxa Church and Barnes & Noble in downtown.

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Expectations for 2025 in Seattle/King County Real Estate

Will Springer Realtor

We just completed a year marked by great challenges for first-time home buyers and those with fading wishes. The King County market saw a welcome boost in sales in the early fall amid lower interest rates, indicating buyers were ready to jump into the market. boost in sales activity next year in King alone.

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Divergent paths: Housing market policies under a Trump or Harris administration

Housing Wire

But analysts believe that these sellers are likely to become buyers again and will continue to pressure the market. percentage points to the core personal consumption expenditures price index — the Fed’s preferred measure of inflation — in late 2027 and early 2028. In response, the Fed would slow or pause rate cuts in 2026 and beyond.