Remove 2028 Remove Housing Market Remove Inventory
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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.” That’s a factor too of higher inventory.” Meaning that margins are being aggressively compressed.

Marketing 295
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Expanding Supply, Easing Prices Bring Relief to King County Housing Market

Will Springer Realtor

Buyers who enter the market now will enjoy some of the best selection of homes since before the pandemic as supply grows, competition wanes and home prices slip. Market watchers remain cautious, however, in anticipation of cheaper borrowing costs next year. months of inventory across all home types in King and 2.3 We now see 2.7

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WEIGHING SEATTLE’S FUTURE WITH FEWER OFFICES

Will Springer Realtor

In addition, the rate of Seattle homes under contract within 30 days on the market fell from 62% in April to 57% last month; Eastside homes found buyers in four weeks or less 71% of the time in May, down from 74% in April. That means there will likely be no new traditional condo inventory in Seattle until 2028 at the earliest.

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Expectations for 2025 in Seattle/King County Real Estate

Will Springer Realtor

The housing markets 2025 motto? This year saw sharply expanding inventory, up 29% year-on-year nationally (through October; latest data) and 26% YoY across King County (November 2023-November 2024). The number of homes sitting on the market in King in September (4900) was the highest of any month since September 2019.