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Seattle documents renovation programs, tax relief for aging in place

Housing Wire

And a state property tax relief program recently raised its maximum income threshold to allow more Puget Sound-area seniors to qualify. The COVID-19 pandemic provided a boost to the organization’s funding for a time, but that also arrived in concert with a supply chain shortage that saw the cost of materials increase significantly.

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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

The monthly house payment to buy a renovated foreclosure — assuming a 5% down payment, the going 30-year fixed mortgage rate at the time of sale and including property taxes and insurance — represented just 20% of the median family income in the surrounding Census tract.

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Don’t Miss Out on Warehouse Space for Sale – The Recession-Proof CRE Sector

The Robert Weiler Company

Since the coronavirus pandemic caused international global supply chain disruptions, more US-based manufacturing has grown. Buying warehouse space provides you with equity in the property. Lastly, we should also highlight the demand coming from the manufacturing sector. Is Buying a Warehouse a Good Investment?

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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

Like many other construction projects, First Light confidently confronted issues ranging from the pandemic, supply-chain delays, change in the general contractor and concrete workers’ strike. Annual property taxes are, gulp! Timeless living – a home of a lifetime. List: $13.9M ($2000/sq. about $67K.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. Property taxes are steep at $60K a year. Kitchen and bath professionals are reporting 3.9-month month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 of shoreline.

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Housing Inventory: How Did We Get Here?

Appraisal Buzz

And if the borrower was not paying their mortgage, they probably were not paying property taxes or keeping the property in shape, either. A third factor is a decrease in new residential construction, which was exacerbated by COVID-19 and the disruption to supply chains.

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AN URGENT CALL FOR CHANGES TO ZONING LAWS

Will Springer Realtor

However, a new Pew study finds a shift in home preferences with more consumers saying they want a larger home, even if it means local amenities are further away, as this chart shows: SUPPLY-CHAIN DISRUPTIONS. Yep, me too! according to a Q3 report from ATTOM.

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