Appraisal Buzz

AUGUST 9, 2024

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. Looking ahead, despite market uncertainties that are preventing many new projects from commencing, 2 million units are scheduled to open by 2028. For the third consecutive year, the U.S.

Construction 397

Construction Development Business Marketing 397

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%

Housing Market 68

Housing Market Marketing Construction Buyers 68

Will Springer Realtor

OCTOBER 10, 2024

Proposals range from tax incentives for building affordable homes to repurposing federal land for development. Leaders in Washington state made strides by adjusting zoning laws to allow for denser development and funding first-time buyer programs. Both major political parties offer solutions focusing on increasing housing construction.

Investors 36

Investors Buyers Housing Market Design 36

Will Springer Realtor

JUNE 11, 2024

Developing interest from real estate movers and shakers for a high-risk facelift will be a great challenge amid rising financing and construction costs. The business group describes our area’s varied development mix, which also includes stadiums, music venues and restaurants, as akin to having a “diverse stock portfolio.”

Real Estate 36

Real Estate Construction Buyers Sellers 36

Will Springer Realtor

DECEMBER 17, 2024

Fresh inventory for eager buyers may take longer to develop as the market still faces those mortgage headwinds from the combination of high rates and homeowners locked in with low borrowing costs. Compensation to the buyer broker has been and always will be negotiable between buyer and seller.) and decelerate to 3.8%

Real Estate 37

Real Estate Buyers Sellers Development 37

Housing Wire

AUGUST 1, 2024

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.

Housing Market 489

Housing Market Marketing Law Insurance 489