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Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

Clare Knapp, housing economist for the Austin Board of Realtors , counters the notion of a collapse “Austin is not the same Austin as it was eight years ago,” she said. of existing supply, with another 38,000 of apartment units under construction (12.2% 20 — $4 less than the national average. Data supports Knapp’s perspective.

Marketing 370
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Expanding Supply, Easing Prices Bring Relief to King County Housing Market

Will Springer Realtor

“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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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

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% A survey of five real estate experts from the National Association of Realtors (NAR) to Goldman Sachs and others has forecast a consensus of 4.47M existing-home sales in 2025 nationwide.