Remove 2028 Remove Construction Remove Housing Market
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Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

“Apartment rents have dropped by nearly 15% in two years, which is warp speed for the housing market. Austin fits the classic example of a boom/bust housing market, where a collapse is taking place.” of existing supply, with another 38,000 of apartment units under construction (12.2%

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Expanding Supply, Easing Prices Bring Relief to King County Housing Market

Will Springer Realtor

home price forecasts into 2028.) The experts forecast a cumulative price increase of 20% for the five years through 2028, or an average of 4.0% New Construction In August, new home construction starts increased by 9.6%, according to KPMG’s latest research. Year-to-year, single-family prices were mostly higher, led by a 5.9%

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Adding to the pressure, many investors are shifting toward the growing build-to-rent market. This trend has doubled since 2019, with built-to-rent homes making up 10% of new construction (8% in the PNW). housing supply increased by 1.6M Both major political parties offer solutions focusing on increasing housing construction.

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WEIGHING SEATTLE’S FUTURE WITH FEWER OFFICES

Will Springer Realtor

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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Expectations for 2025 in Seattle/King County Real Estate

Will Springer Realtor

The housing markets 2025 motto? home sales slumped for the second straight year, averaging 3.96M units transacted (excluding new construction) on a 12-month basis through October, up 2.9% Read more about the Seattle metro housing market in my monthly blog post, including the latest report here.)

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

Housing Wire

For anyone wondering what a Democratic or Republican presidential administration might look like for the housing market in 2025 and beyond, industry experts can provide some insights based on their experience in government, proximity to D.C. or decades in the private sector. It hasn’t changed since 1997.