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Apartment Construction Projected to Reach Historic Highs in 2024

Appraisal Buzz

is expected to set new records for apartment construction. Notably, by the end of December, the combined metro areas of Dallas and Austin are predicted to welcome about 10% of all newly constructed apartments countrywide. On the other hand, some markets are seeing a slowdown in new construction starts due to the economic environment.”

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

Will Springer Realtor

Further down the funnel are more engaged consumers applying for mortgages, followed by buyers and sellers reaching mutual agreement on a deal, and then happy homeowners moving in at the end of the funnel. home price forecasts into 2028.) After the Fed rate cut, mortgage applications jumped 9% in a week. climb in Pierce, 5.6%

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Will Springer Realtor - Untitled Article

Will Springer Realtor

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. The seller is none other than Pat Monahan, lead singer for the pop group Train, and his wife, Amber. Check out this 5-bedroom, 3.75-bathroom

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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.” Sellers can offer any amount – or nothing – seeking to improve consumer transparency.

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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% Compensation to the buyer broker has been and always will be negotiable between buyer and seller.) from the shallow 3.85M sold over the same period last year. and decelerate to 3.8%

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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.