Appraisal Buzz

AUGUST 9, 2024

is expected to set new records for apartment construction. By the end of 2024, developers plan to have completed an astounding 518,108 rental units, a startling 30% more than in 2022 and 9% more than in 2023. The overall impact on the number of developers might vary by region,” Ressler said. “In

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Housing Wire

NOVEMBER 22, 2024

of existing supply, with another 38,000 of apartment units under construction (12.2% We believe rates (including financing rates) staying higher for longer will delay any rebound in construction activity in the near term,” he wrote. of existing supply) that will be delivered over the coming months,” Lawrence wrote. ’ again.

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The Robert Weiler Company

APRIL 7, 2023

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. To be clear, some of these developments have been gaining momentum for decades. reduction in operating costs in the first year and a 16.9% savings over five years.

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Will Springer Realtor

OCTOBER 15, 2024

The recent development of lower mortgage rates coupled with increasing inventory is a powerful combination that will provide the environment for sales to move higher in future months,” Lawrence Yun, chief economist for the National Association of Realtors® said in September. home price forecasts into 2028.) climb in Pierce, 5.6%

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Will Springer Realtor

SEPTEMBER 17, 2024

The growth of transit is leading building developers to be busy today, planning residential and commercial projects. > Bosa Development, the U.S. based building developer, is preparing to demolish the Park Row Shopping Center on Bellevue Way Northeast and break ground on a 22-story, 143-unit luxury condo likely named Park Row.

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Development Training Transportation Property Management 36

Will Springer Realtor

OCTOBER 10, 2024

This trend has doubled since 2019, with built-to-rent homes making up 10% of new construction (8% in the PNW). Both major political parties offer solutions focusing on increasing housing construction. Proposals range from tax incentives for building affordable homes to repurposing federal land for development.

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Will Springer Realtor

JUNE 11, 2024

Louis Sullivan, the so-called father of high-rise construction design, once said: “The skyscraper establishes the block, the block creates the street, and the street offers itself as a riverbed to the stream of life that flows through the city.” CONDO NEWS Graystone has formally completed construction on its residential tower.

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