Will Springer Realtor

AUGUST 9, 2022

RECESSIONS AND MORTGAGE RATES Recent data and the traditional definition show we are now in a recession even though there is debate among economic and political folks. this chart shows, each time the economy slowed significantly, mortgage rates declined. In fact, rates have fallen by an average of 1.1 Will prices continue to fall?

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 13, 2024

more people – or another two Seattles – in our region by 2050.Even MAY HOUSING UPDATE Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. This is welcome news for both buyers and sellers, as most lenders will deny mortgage applications on a condo in active litigation.

HOA 36

HOA Transportation Construction Buyers 36

Appraisal Buzz

AUGUST 1, 2024

In fact, a 2023 CBO study showed almost half of anticipated flood damage to homes with federally-backed mortgages were located in areas where homeowners are not required to carry flood insurance, and are therefore less likely to purchase policies. Concerns related to anticipated increased flood damage are backed by the 2023 CBO analysis.

Insurance 411

Insurance Modernization Mortgage Appraisal 411