Re: Hearing June ; Growth Projections and Urban Growth Area (UGA) Expansion
|
|
- Charles Marshall
- 5 years ago
- Views:
Transcription
1 June Roger Almskaar Land Use Consultant City of Bellingham Planning Commission 21 0 Lottie St Bellingham WA Re: Hearing June ; Growth Projections and Urban Growth Area (UGA) Expansion Dear Commission Members: Please enter these comments and exhibits in the hearing record. I'm a Land Use Consultant, and have been in private practice in Whatcom County since Prior to that, I was a Planner for the county from 1971 to 1981; I drafted the county's first Shoreline Management Program. It was adopted in 1976, and was the county's most controversial issue of that period. Most of my practice now is assisting rural residents who want to short plat their land. These small scale projects have become very costly, controversial and complex in the brave new world of growth management, due in part to overly zealous state, and sometimes local, agency staff. I'm also a member of the Building Industry Association of Whatcom County (BIAWC); we have a Government Affairs committee which meets twice a month, mainly just trying to keep up with the ever increasing web of rules on land use generated at all levels of government. In general, I support the clear and well documented statements and positions in the two letters submitted by BIAWC May 5 and June 8 this year. Our members and staff have been engaged in the City's Comp Plan/rule update process since it was started. Speaking for myself, I believe we do have a major affordable housing problem in Bellingham, and the County as a whole. It is a crisis for many lower income people. I'm attaching a figure from the County's March 10 Draft Environmental Impact Statement (D-EIS), which includes all the cities as well. Link to figure (Exhibit 1): Figure 4.7-6, p 4-140, indicates that median county wide housing costs were virtually identical at about $232,800 in the first quarter of 2012 with Snohomish County's. It's true that housing prices, mainly single family (but not average condos), have increased since then, but I doubt if this relationship has changed much. The other side of the housing equation is purchasing power. Its common knowledge that wages in general are much lower in Whatcom than Snohomish County. I'm attaching Table 1, a portion of the current 5 page report, May , on County Employment and Wages in Washington State, from the US Bureau of Labor Statistics; link to report: ions/west/news-release/countyemploymentandwages washington.htm WMaplewood, # 104 Bellingham WA 98225
2 R Almskaar Letter, CoB Planning Commission Page 2 June 11, 2015 This Exhibit B includes the top 10 wage counties in the state; Whatcom is 9th (Skagit is not on this list). It shows that the average weekly wage in Whatcom is $782 (x 52 weeks = $40,664), compared to $1019 ($52,988 annual) for Snohomish. This Whatcom wage is $237 or 23% lower than the Snohomish value, a very significant difference. This information is important in that it shows that the cost of housing, relative to income is much higher here than in a somewhat similar nearby county. Moreover, this issue is significantly adverse for lower and middle income households. Rental costs are escalating too due to tight vacancy rates. What can Bellingham do about this? As the BIAWC letters say, make sure that there's enough buildable land available so that the private sector can build a wide variety of housing for all income levels. Builders want to do this, after all it makes good business sense. But the present limited and high priced inventory of finished lots and vacant parcels are the main short term constraint. High impact fees are an issue too. For example, the park fee is about $5000 for a house, whether it's an 800 sf "tiny" house, or a 10,000 sf mansion. It's both a regressive and selective tax, people who buy costly "used" houses don't pay it. There are very serious long term issues too. I have worked with developers trying to find land on which it's feasible to create a variety of building sites and projects. This is a very challenging and frustrating process. Many have given up. There are several negative factors not unique to Bellingham. The main ones are overly restrictive rules and lack of basic infrastructure in residential zoned areas with vacant land. Over regulation is a nationwide issue, with very serious negative effects on many business and citizens. It's more severe in some places than others. Washington is one of the most heavily regulated states. In many cases, critical area buffers on wetlands and streams take too much land out of use--for what the area was zoned for. I agree with protecting high value wetlands (eg marshes, bogs and swamps); but preservation and arbitrarily wide buffers are required on some poorly draining areas for which it's questionable whether they're wetlands or not, without any benefit to the environment. Zoning density standards are often too high, and design standards too inflexible. There are 3 large neighborhoods in the City zoned mainly for half acre lots, which is sprawl to many in an urban or rural area. Both Samish and South Neighborhoods contain ample vacant land. I don't think the private sector can afford to build much housing in South at this low density, while also building all the costly on-site infrastructure, and also paying high impact fees. It's true that not everyone wants or can afford to buy a detached single family home. But many without children or up in years, like me, want to own their home, not rent, without a lawn to mow, and many want a small private outdoor space, not a cramped third story
3 R Almskaar Letter, CoB Planning Commission Page 3 June 11, 2015 deck! I think it's fair to say that most who can afford to buy want more choices in density and design than the "stack em and pack em" mode advocated by the self labelled Smart Growth crowd. Regarding infrastructure, it appears that some do not know nor appreciate that the land developer has to build all the on-site utilities, streets, walkways, drainage, etc. Impact fees for infrastructure are very costly too, usually adding up to over $10,000 per unit, plus several thousand dollars for permits. Those who claim there are major subsidies to developers almost always ignore these facts, and the fact that the developer/builder must add these costs to the house or lot price, or go broke. They also ignore that the home owner will be paying taxes forever, to the tune of several thousand dollars a year. In conclusion, for the reasons stated above and in the BIAWC letters, I ask you to support the Berk "high" population and employment projections. They are with OFM's medium range. It would be folly to use the last few years of abnormal activity to plan for the next 20 years. Also, I support the addition of both the South Yew Street and Caitac areas to the UGA, ie Alternate D. This process is supposed to be long range planning; there are major prices for many to pay by adopting an unrealistic low value. A famous planner once said "Make no small plans"! Thanks for considering my comments. Please let me know if there are questions. Roger Almskaar, Land Use Consultant cc: BIAWC Attachments: Exhibits A and B
4 A /rn s ka PiV l e tfev WHATCOM COUNTY COMPREHENSIVE PLAN UPDATE EIS AFFECTED ENVIRONMENT, SIGNIFICANT IMPACTS, AND MITIGATION MEASURES Figure First Quarter Median Home Prices for Selected Washington Counties, $500,000 $450,000 -> King Statewide Average $400,000 - Snohomish - Whatcom $350,000 - Thurston $300,000 - Skagit - Pierce - Clark $200,000 - Benton $150, Spokane Source: Whatcom Count y Rea l Estate Research Report 2012, BERK, Median home prices have declined across Washington since the housing market crash in In Whatcom County, the median home price has dropped from $289,900 in 2007 to $232,800 in Over the past five years, compared to other counties, Whatcom County median home prices have been relatively high. Currently, median home prices are about the same as Snohomish County and only trail prices in King County. When income levels are factored in, housing affordability in Whatcom County starts to approach levels in King County. The Whatcom County Real Estate Research Report includes a section on Whatcom County Affordability that calculates an affordability index to measure housing affordability among different counties (Crellin, 2012). Trends in the housing affordability index for first time homebuyers, show n in Figure highlight Whatcom County's relatively low housing affordability. The exhibit shows that it has been more challenging to become a first-time homebuyer in W hatcom County than in metropolitan Seattle during the last two years. DRAFT I March 2015,,,,,,
5 County Employment and Wages in Washington - Third Quarter 2014 Western Informati... Page 1of5 J ~ "~ / { / d0 I~ A to Z lnde. I FAQs I ~bout BLS I Contact Us Subscribe to Updates ID Home I Subjects I Data Tools I Publications Economic Releases Western Information Office / U S Follow Us ) I What's New I Relel\Se calendar I Site Map Search BLS.gov I Students I Beta I hbor Sf"'f/&flc,; PRINT: a Search Western Region Western Home I Western Geography I Western Subjects Western Archives Contact Western Geographic Infonnation > ~ > News Release County Employment and Wages in Washington - Third Quarter 2014 News Release Information Employment increased in all 10 of Washington's large counties from September 2013 to September 2014, the U.S. Bureau of Labor Statistics reported today. {Large counties are defined as t hose with employment of 75,000 or more as measured by 2013 annual average employment.) Regional Commissioner Richard J. Holden noted t hat employment increases ranged from 5.0 percent in Clark County to 1.1 percent in Whatcom County. Nationally, employment advanced 2.0 percent from September 2013 to September 2014 as 306 of the 339 largest U.S. counties gained jobs. Weld, Colo., had the largest percentage increase over the year (8.8 percent). Atlantic, N.J., had the largest over-the-year decrease in employment with a loss of 4.0 percent SAN Thursday, May 28, 2015 Contacts Tec hnical information: (415) BLSinfoSF@bls.gov ww'w.bfs.qov/regionslwest Media contact: (415) Among the 10 largest counties in Washington, employment was highest in King County ( 1,252,800) in Sept ember 2014, while Benton County had the smallest employment level (82,700). Together, Washington's large counties accounted for 84.5 percent of total employment within the state. Nationwide, the 339 largest counties made up 71.8 percent of total U.S. employment, which stood at million in September PDF ~~ Average weekly wages Increased in all 10 of Washington's largest counties from the third quarter of 2013 to the third quarter of King county had the highest average weekly wage ($1,452) followed by Snohomish County ($1,019). Both counties exceeded the national average weekly wage of $949, which rose 2.9 percent over the year in the third quarter of (See table 1.) Employment and wage levels (but not over-the-year changes) are also available for the 29 counties in Washington with employment below 75,000. All of these smaller counties had average weekly wages below the national average in the t hird quarter of (See t2.q!.e.l.) Table 1. Covered employment and w ages in the United States and the 10 largest counties in W ashington, third quarter Employment! - - Average Weekly Wage ill - - Area i- -, United States I!! i Area ~ , I-.,. 1 Percent change, i National ra nking ' Average I National Percent change, : National ranking i September September ' by percent I weekly, ranking by I' third quarter 2013 'I by percent 1 (thousands) W change ill! wage! level ill, -14 W, change ill i o' =r - $ ~ - -2:91 j ;- :_~a sh ing.t~n -~T_::_ 3, 1 ~~-~ ---=- ~21~-- =r:_ ~o87f.--_ 6l ~ 3~, Benton,, 82 _ ~ - 930! 11 0! _ 15! L Wash. ' ~.. _ I Clark, Wash. ~ 43.0 ~- 5.0i---_ 1/ --=._ - ~o i-- ~:-=--- 2 ~! King, Wash. -i 1,252.8: -~ 57j _ 1,452~ - - ~ _ 5.!_. ; i -~~s ap, W~ ---~ _ 3<1 72.i !._3l ~3 ( I Pierce, Wash. I : 86! 010 : 112; 3.01 ~ : Snohomis~ - -;69.9t- 2.2! ,jf--1.o~ ~,-- - -;51- Wash. ~ ;~;:::.!: ~- - 1 :-:-:: ~ --,,t-- ::i- --:r----::::-- - '.{ ~ Whatcom, -- I ~ I!77\ wash. 1 I_ wash. l 119 l 3.1 L i Footnotes: j ill Average weekly wages were calculaled using unrounded data. {! Percent changes were computed from quarterty employment and pay data adjusted for noneconomic county reclassifications. I Ql Ranking does not include data for Puerto Rico or the Virgin Islands. i!11 Totals for the United States do not include data for Puerto Rico or the Virgin Islands. I :_ ~ 7~ i 26.'.l_ ~\- j Yaki ma, --r -- -::-::t I 73~ 658 L 331' 3~ 1. _ '.'! - ~ ~ 16 8r -=:: Nole Dala are prel1mm-ary Covered empfuyment and wages includes workers covered by UnemploymenfTriSurance (UI) and UnemploymeritCompensa11on for I,Federal Employees (UCFE) programs. _, :
Washington Apartment Market Fall 2009
Washington Apartment Market Fall 2009 Since 1996 the Washington Center for Real Estate Research (WCRER) at Washington State University has been providing valuable apartment market statistics for communities
More informationWashington Apartment Market Spring 2010
Washington Apartment Market Spring 2010 Since 1996 the Washington Center for Real Estate Research (WCRER) at Washington State University has been providing valuable apartment market statistics for communities
More informationWashington Apartment Market Spring 2011
Washington Apartment Market Spring 2011 Since 1996 the Washington Center for Real Estate Research (WCRER) at Washington State University has been providing valuable apartment market statistics for communities
More informationWashington Market Highlights: Fourth Quarter 2017
Washington State s Housing Market 4th Quarter 2017 Washington Market Highlights: Fourth Quarter 2017 Existing home sales declined in the fourth quarter by 0.2 percent to a seasonally adjusted annual rate
More informationWashington Market Highlights: Third Quarter 2018
Washington State s Housing Market 3rd Quarter 2018 Washington Market Highlights: Third Quarter 2018 Existing home sales rose in the third quarter by 0.1 percent to a seasonally adjusted annual rate of
More informationWashington Market Highlights: Fourth Quarter 2018
Washington State s Housing Market 4th Quarter 2018 Washington Market Highlights: Fourth Quarter 2018 Existing home sales fell in the fourth quarter by 2.7 percent to a seasonally adjusted annual rate of
More informationWashington Apartment Market Fall 2017
Washington Apartment Market Fall 2017 Washington State s apartment vacancy rate increased from 3.1% to 3.7% in fall 2017. While there is variability among the individual county rates, all counties included
More informationWASHINGTON STATE APARTMENT MARKET REPORT SPRING 2018
WASHINGTON STATE APARTMENT MARKET REPORT SPRING 2018 Vacancy Summary The statewide apartment vacancy rate increased from 3.7% to 4.7% in Fall 2018. While there is variability among the individual county
More informationECONOMIC CURRENTS. Vol. 3, Issue 3 SOUTH FLORIDA ECONOMIC QUARTERLY. Introduction
ECONOMIC CURRENTS THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY Economic Currents provides an overview of the South Florida regional economy. The report presents current employment, economic and real
More informationColdwell Banker Bain Releases 2016 Pacific Northwest Market Annual Report Hottest Year on Record; Pockets of Opportunity in Certain Areas
FOR IMMEDIATE RELEASE Coldwell Banker Bain Releases Pacific Northwest Annual Report Hottest on Record; Pockets of Opportunity in Certain Areas Seattle, Wash (January 20, 2017) Coldwell Banker Bain, a leading
More informationWelcome to the Bellingham City Council. Town Hall
Welcome to the Bellingham City Council Town Hall June 13, 2017 Affordable housing and homelessness June 2017 Affordability and homelessness Since 2012 What happened? Next steps Housing prices are growing
More informationSJC Comprehensive Plan Update Housing Needs Assessment Briefing. County Council: October 16, 2017 Planning Commission: October 20, 2017
SJC Comprehensive Plan Update 2036 Housing Needs Assessment Briefing County Council: October 16, 2017 Planning Commission: October 20, 2017 Overview GMA Housing Element Background Demographics Employment
More informationECONOMIC CURRENTS. Vol. 3, Issue 1. THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction
ECONOMIC CURRENTS THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction Economic Currents provides an overview of the South Florida regional economy. The report contains current employment, economic and real
More informationCity of Bellingham Urban Growth Area - Land Supply Analysis Summary
City of Bellingham Urban Growth Area - Land Supply Analysis Summary Population & Employment Growth Forecasts APPENDIX D, ATTACHMENT 3 The ECONorthwest Whatcom County Population & Economic Forecasts report
More informationResearch Report #6-07 LEGISLATIVE REVENUE OFFICE.
HOUSING AFFORDABILITY IN OREGON Research Report #6-07 LEGISLATIVE REVENUE OFFICE http://www.leg.state.or.us/comm/lro/home.htm STATE OF OREGON LEGISLATIVE REVENUE OFFICE H-197 State Capitol Building Salem,
More informationRapid recovery from the Great Recession, buoyed
Game of Homes The Supply-Demand Struggle Laila Assanie, Sarah Greer, and Luis B. Torres October 4, 2016 Publication 2143 Rapid recovery from the Great Recession, buoyed by the shale oil boom, has fueled
More informationHOUSING ELEMENT Inventory Analysis
HOUSING ELEMENT Inventory Analysis 2.100 INVENTORY Age of Housing Stock Table 2.25 shows when Plantation's housing stock was constructed. The latest available data with this kind of breakdown is 2010.
More informationResidential Capacity Estimate
Residential Capacity Estimate Montgomery County Department of Park & Planning Research & Technology Center January 2005 Current plans allow 75,000 more housing units. by Matthew Greene, Research Planner
More informationHousing Price Forecasts. Illinois and Chicago PMSA, August 2016
Housing Price Forecasts Illinois and Chicago PMSA, August 2016 Presented To Illinois Association of Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public
More informationSTAFF REPORT. Permit Number: Unlimited. Kitsap County Board of Commissioners; Kitsap County Planning Commission
STAFF REPORT Permit Number: 15 00550 Unlimited DATE: March 2, 2016 TO: FROM: Kitsap County Board of Commissioners; Kitsap County Planning Commission Katrina Knutson, AICP, Senior Planner, DCD and Jeff
More informationWashoe County. Quarterly Revenue and Economic Review
Washoe County S p e c i a l p o i n t s o f i n t e r e s t : Property taxes were 5.3% lower than they were in the previous year Single Family Home permits were up 28.5% from last year Consolidated Taxes
More informationHOUSING ATTAINABILITY
HOUSING ATTAINABILITY FINDING A PATH FORWARD FOR HOUSING AN ISSUE BRIEF BY Master Builders Association of King and Snohomish Counties February 2017 BACKGROUND Between 2000 and 2015, King, Snohomish, Pierce,
More informationHousing Indicators in Tennessee
Housing Indicators in l l l By Joe Speer, Megan Morgeson, Bettie Teasley and Ceagus Clark Introduction Looking at general housing-related indicators across the state of, substantial variation emerges but
More informationAppendix 1: Gisborne District Quarterly Market Indicators Report April National Policy Statement on Urban Development Capacity
Appendix 1: Gisborne District Quarterly Market Indicators Report April 2018 National Policy Statement on Urban Development Capacity Quarterly Market Indicators Report April 2018 1 Executive Summary This
More informationHOUSING AFFORDABILITY
HOUSING AFFORDABILITY (RENTAL) 2016 A study for the Perth metropolitan area Research and analysis conducted by: In association with industry experts: And supported by: Contents 1. Introduction...3 2. Executive
More informationKey Findings on the Affordability of Rental Housing from New York City s Housing and Vacancy Survey 2008
Furman Center for real estate & urban policy New York University school of law n wagner school of public service 110 West 3rd Street, Suite 209, New York, NY 10012 n Tel: (212) 998-6713 n www.furmancenter.org
More informationImpact of the Housing Market on the Economy and the Challenges Surrounding Access to Homeownership
Impact of the Housing Market on the Economy and the Challenges Surrounding Access to Homeownership February 1, 2017 The impact of the housing market on the economy and the challenges surrounding access
More informationThe Coldwell Banker Carlson Real Estate Market Report
The Coldwell Banker Carlson Real Estate Market Report 2017 Year-End Stowe Area Report Our 2017 Year-End Market Report uses market-wide data, based on transactions that closed in 2017 in the Multiple Listing
More informationHousing Price Forecasts. Illinois and Chicago PMSA, January 2019
Housing Price Forecasts Illinois and Chicago PMSA, January 2019 Presented To Illinois Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public Affairs University
More informationRESIDENTIAL MARKET ANALYSIS
RESIDENTIAL MARKET ANALYSIS The following market analysis is a two-part analysis that is designed to concentrate on the two types of residential development applicable to the subject. The first analysis
More informationTENNESSEE HOUSING MARKET
1st Quarter 212 TENNESSEE HOUSING MARKET David A. Penn, Director Business and Economic Research Center Jennings A. Jones College of Business Middle Tennessee State University This quarterly series is supported
More informationReviewing Growth Management Planning for Housing
Washington Research Council BRIEFLY Policy makers should avoid overly proscriptive regulation of the housing market, maximizing opportunities for residential and commercial development that is consistent
More informationSee Full Corridor Study Volumes I and II as separate attachments.
See Full Corridor Study Volumes I and II as separate attachments. See Housing Values 2000-2010 and 2000-2013 as separate attachments. 2013 2 nd Quarter and Mid-Year Market Report The voice of real estate
More informationHousing Price Forecasts. Illinois and Chicago PMSA, October 2014
Housing Price Forecasts Illinois and Chicago PMSA, October 2014 Presented To Illinois Association of Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public
More informationEconomic Highlights. Payroll Employment Growth by State 1. Durable Goods 2. The Conference Board Consumer Confidence Index 3
August 26, 2009 Economic Highlights Southeastern Employment Payroll Employment Growth by State 1 Manufacturing Durable Goods 2 Consumer Spending The Conference Board Consumer Confidence Index 3 Real Estate
More informationINCREASING HOUSING SUPPLY IN ONTARIO
INCREASING HOUSING SUPPLY IN ONTARIO Consultation Document Find out more at: www. Consultation Document About this consultation A strong demand for housing and limited supply in Ontario has resulted in
More informationSummary of Priority Housing Issues and Needs
Summary of Priority Housing Issues and Needs A half-day housing forum was held in Roanoke on March 14, 2001 to solicit public input on housing needs and priorities in the small metropolitan and non-metropolitan
More informationHousing Price Forecasts. Illinois and Chicago PMSA, December 2015
Housing Price Forecasts Illinois and Chicago PMSA, December 2015 Presented To Illinois Association of Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public
More informationHOME PRICES OVER THE LAST YEAR
HOME PRICES OVER THE LAST YEAR Every quarter, the Federal Housing Finance Agency (FHFA) reports on the year-over-year changes in home prices. Below, you will see that prices are up year-over-year in every
More informationPILOT PROJECTS proposal for Bellingham.pdf
Aven, Heather M. From: CC - Shared Department Sent: Friday, September 16, 2016 9:28 AM To: Aven, Heather M. Subject: FW: Residential pilot projects ordinance Attachments: PILOT PROJECTS proposal for Bellingham.pdf
More informationPulse. Contents. prince george s QUARTERLY REPORT. Changes in Employment. Top Ten Changes in Employment 2nd Quarter 2015 to 2nd Quarter 2016
Contents prince george s Pulse QUARTERLY REPORT Employment and Wages...2 Employment Private Sector Employment Total Wages Average Wage Per Worker Business Establishments Real Estate...4 Housing Market
More informationDual Income Property Strategy
Dual Income Property Strategy Contents: WHAT IS A DUAL INCOME PROPERTY PAGE 4 ADVANTAGES PAGE 6 DISADVANTAGES PAGE 8 CASE STUDY PAGE 10 IMPORTANT CONSIDERATIONS PAGE 14 FREQUENTLY ASKED QUESTIONS PAGE
More informationWhat does the Census of 2000 tell us about
Inside Indiana s Counties: Township Population Changes, 1990 to 2000 Morton J. Marcus Executive Director, Indiana Business Research Center, Kelley School of Business, Indiana University Figure 2 Distribution
More informationPOPULATION FORECASTS
POPULATION FORECASTS Between 2015 and 2045, the total population is projected to increase by 373,125 residents to reach 2.2 million. Some areas will see major increases, while other areas will see very
More informationResidential Real Estate, Demographics, and the Economy
Residential Real Estate, Demographics, and the Economy Presented to: Regional & Community Bankers Conference Yolanda K. Kodrzycki Senior Economist and Policy Advisor Federal Reserve Bank of Boston October
More informationHousing Market Update
Housing Market Update March 2017 New Hampshire s Housing Market and Challenges Market Overview Dean J. Christon Executive Director, New Hampshire Housing Finance Authority New Hampshire s current housing
More informationDATA FOR JANUARY Published Feburary 16, Sales are down -14.0% month-over-month. The year-over-year comparison is up +2.5%.
Permission is granted only to ARMLS Subscribers for reproduction with attribution on to ARMLS COPYRIGHT 2018. For questions regarding this publication contact Brand@ARMLS.com. DATA FOR JANUARY 2018 - Published
More informationNATIONAL ASSOCIATION OF REALTORS. National Center for Real Estate Research
NATIONAL ASSOCIATION OF REALTORS National Center for Real Estate Research COMMUNITY ACCEPTANCE OF AFFORDABLE HOUSING C. Theodore Koebel Robert E. Lang Karen A. Danielsen Center for Housing Research and
More informationMinneapolis St. Paul Residential Real Estate Index
University of St. Thomas Minneapolis St. Paul Residential Real Estate Index September 2017 Welcome to the latest edition of the UST Minneapolis St. Paul Residential Real Estate Index. The University of
More informationSTATPAK MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR JANUARY McEnearney.com CONTRACTS URGENCY INDEX INVENTORY INTEREST RATES
STATPAK LOUDOUN COUNTY FEBRUARY 2018 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR JANUARY 2018 Contract activity in January 2018 was down just 2.0% from January 2017, but that is
More informationHousing Price Forecasts Illinois Metropolitan Statistical Areas
Housing Price s Illinois Metropolitan Statistical Areas R E A L Regional Economics Applications Laboratory, Institute of Government and Public Affairs, University of Illinois Dr. Geoffrey J.D. Hewings,
More information2013 Arizona Housing Market Mid-Year Report
2013 Arizona Housing Market Mid-Year Report This mid-year market report outlines the latest trends in Arizona real estate. The housing market hit bottom in mid to late 2011, and has been in recovery mode
More informationSan Francisco Bay Area to Napa County Housing and Economic Outlook
San Francisco Bay Area to 019 Napa County Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns Real Estate Consulting, LLC On Nov.
More informationHousing Price Forecasts. Illinois and Chicago PMSA, March 2018
Housing Price Forecasts Illinois and Chicago PMSA, March 2018 Presented To Illinois Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public Affairs University
More informationFor Sale. 2,880+/- sf bldg on 3.64+/- acres. Formerly operated as Alternative Automotive. Frontage and signage on Memorial Hwy. Ample parking.
For Sale 17530 State Route 536 Mount Vernon, WA 2,880+/- sf bldg on 3.64+/- acres Formerly operated as Alternative Automotive. Frontage and signage on Memorial Hwy. Ample parking. Furniture, Fixtures and
More informationSTATPAK MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR FEBRUARY McEnearney.com CONTRACTS URGENCY INDEX INVENTORY INTEREST RATES
STATPAK LOUDOUN COUNTY MARCH 2018 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR FEBRUARY 2018 Contract activity in February 2018 was almost unchanged, up just 0.2% from February
More informationSalem HNA and EOA Advisory Committee Meeting #6
Salem HNA and EOA Advisory Committee Meeting #6 Residential Land Policies Employment Land Policies Policy Discussions with the Committee Outcome of today s meeting Direction from this Committee on proposed
More informationResidential Real Estate Market Overview: April 2017 Data
Residential Real Estate Market Overview: April 2017 Data 2017 Mark A. Melikian Chief Valuation Officer mark.melikian@summitvaluations.com 2800 River Road, Suite 460 The following is a market data summary
More informationWashington State s Housing Market
Washington State s Housing Market 3rd Quarter 2013 WASHINGTON CENTER FOR REAL ESTATE RESEARCH RUNSTAD CENTER FOR REAL ESTATE STUDIES COLLEGE OF BUILT ENVIRONMENTS DECEMBER 2013 Washington Market Highlights:
More informationECONOMIC CURRENTS. Vol. 4, Issue 3. THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY
ECONOMIC CURRENTS THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY Vol. 4, Issue 3 Economic Currents provides an overview of the South Florida regional economy. The report presents current employment,
More informationMarketREVIEW INSIGHT TRENDS PERSPECTIVE. Adams County, PA 2nd Quarter 2015
MarketREVIEW INSIGHT TRENDS PERSPECTIVE Adams County, PA 2nd Quarter 2015 RESEARCH & MAPPING TABLE OF CONTENTS RETAIL MARKET REVIEW Adams County Retail Vacancy Remains Low 3 Dear Reader, This report provides
More information2017 Mid-Year Residential Real Estate Update Boise Regional REALTORS July 20, 2017 Mid-Year Residential Real Estate Update
2017 Mid-Year Residential Real Estate Update 2017 Boise Regional REALTORS y 20, 2017 In 2015, Ada County surpassed $2 billion in total dollar volume sold. The first year since 2006. 2017 Boise Regional
More informationCity of Poulsbo PLANNING COMMISSION Tuesday, February 3, 2009 M I N U T E S
City of Poulsbo PLANNING COMMISSION Tuesday, February 3, 2009 M I N U T E S MEMBERS PRESENT STAFF GUESTS Ray Stevens Barry Berezowsky Jan Wold Jim Coleman Lynda Loveday Molly Lee James Thayer Karla Boughton,
More informationCoachella Valley Median Detached Home Price May May 2018
Median Price $450,000 $400,000 Coachella Valley Median Detached Home Price May 2002 - $389,000 $412,000 $350,000 $300,000 $250,000 $200,000 $150,000 CV Detached Median Price 4 % Growth Curve Summary The
More informationINLAND EMPIRE REGIONAL INTELLIGENCE REPORT. School of Business. April 2018
INLAND EMPIRE REGIONAL INTELLIGENCE REPORT April 2018 Key economic indicators suggest that the Inland Empire s economy will continue to expand throughout the rest of 2018, building upon its recent growth.
More informationThe Market Watch Monthly Housing Report. Coachella Valley Median Detached Home Price Dec Dec 2016
The Market Watch Monthly Housing Report Median Price $450,000 Coachella Valley Median Detached Home Price Dec 2002 - Dec 2016 $400,000 $350,000 $300,000 $339,930 $340,000 $250,000 $200,000 $150,000 CV
More informationQuick Facts. For Week Ending July 14, 2018 Publish Date: July 23, 2018 All comparisons are to % - 2.7% - 14.
Weekly Market Report A RESEARCH TOOL FROM THE SAINT PAUL AREA ASSOCIATION OF REALTORS. BROUGHT TO YOU BY THE UNIQUE DATA-SHARING TRADITIONS OF THE REALTOR COMMUNITY For Week Ending July 14, 2018 Publish
More informationECONOMIC CURRENTS. Vol. 5 Issue 2 SOUTH FLORIDA ECONOMIC QUARTERLY. Key Findings, 2 nd Quarter, 2015
ECONOMIC CURRENTS THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY Economic Currents provides an overview of the South Florida regional economy. The report presents current employment, economic and real
More informationThe Knox County HOUSING MARKET
T E C H REPORT SERIES The Knox HOUSING MARKET Date: August 2007 For more information: MPC Contact Person: Bryan Berry 215-2500 MPC Website and e-mail www.knoxmpc.org contact@knoxmpc.org INTRODUCTION In
More informationFinding Common Ground: Smart Growth and Affordable Housing in Rhode Island
Finding Common Ground: Smart Growth and Affordable Housing in Rhode Island Edgar Adams, Roger Williams University, Bristol RI with: Brian Boisvert, Bradley Shapiro, Fenton Bradley Finding Common Ground:
More informationBy several measures, homebuilding made a comeback in 2012 (Figure 6). After falling another 8.6 percent in 2011, single-family
2 Housing Markets With sales picking up, low inventories of both new and existing homes helped to firm prices and spur new single-family construction in 212. Multifamily markets posted another strong year,
More informationRESIDENTIAL MARKET ANALYSIS
11 RESIDENTIAL MARKET ANALYSIS Kyle Smith Portland State University National housing market statistics reflect an increase in value from the prior year, bucking the multi-quarter trend of declining sales
More informationSection 1 - Current Metro Rent Details. Asking Rent by Age Asking Rent Distribution Asking Rent Growth Rate Distribution $788 $859 $860 $931
Section 1 - Current Metro Rent Details Asking Rent by Age Asking Rent Distribution Asking Rent Growth Rate Distribution Year Built Rent Before 1970 $516 1970-1979 $484 1980-1989 $602 1990-1999 $702 After
More informationHousing Price Forecasts. Illinois and Chicago PMSA, January 2018
Housing Price Forecasts Illinois and Chicago PMSA, January 2018 Presented To Illinois Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public Affairs University
More informationThe State of Renters & Their Homes
FORECLOSURES FINDING #14 The number of pre-foreclosure notices issued to one- to four-unit properties and condominiums in 2015 fell from the previous year. Pre-foreclosure notices for one- to four-unit
More informationVACANT URBAN RESIDENTIAL LAND SURVEY 2010 UPDATE
1. INTRODUCTION VACANT URBAN RESIDENTIAL LAND SURVEY 2010 UPDATE The Vacant Urban Residential Land Survey (VURLS) has, since 1982, monitored the supply of vacant land in Ottawa s urban area to assess whether
More informationHousing Characteristics
CHAPTER 7 HOUSING The housing component of the comprehensive plan is intended to provide an analysis of housing conditions and need. This component contains a discussion of McCall s 1990 housing inventory
More informationLand Use Application
Permit Center 210 Lottie Street, Bellingham, WA 98225 Phone: (360) 778-8300 Fax: (360) 778-8301 TTY: (360) 778-8382 Email: permits@cob.org Web: www.cob.org/permits Land Use Application Check all permits
More informationThe Seattle MD Apartment Market Report
The Seattle MD Apartment Market Report Volume 16 Issue 2, December 2016 The Nation s Crane Capital Seattle continues to experience an apartment boom which requires constant construction of new units. At
More information7/14/2016. Needed Housing. Workforce Housing. Planning for Needed Housing June 30, 2016 GOAL 10: HOUSING OAR (10)
Needed Housing Planning for Needed Housing June 30, 2016 Damon Runberg, Oregon Employment Dept. Jim Long, City of Bend Affordable Housing Mgr. Tom Kemper, Housing Works Executive Director GOAL 10: HOUSING
More informationSECOND QUARTER MARKET REPORT PORTLAND OREGON PUGET SOUND SOUTHWEST WASHINGTON
217 PA C I F I C N O R T H W E S T SECOND QUARTER MARKET REPORT PORTLAND OREGON PUGET SOUND SOUTHWEST WASHINGTON ABOUT COLDWELL BANKER BAIN Coldwell Banker Bain is the 17th largest real estate company
More informationCHAPTER 2 VACANT AND REDEVELOPABLE LAND INVENTORY
CHAPTER 2 VACANT AND REDEVELOPABLE LAND INVENTORY CHAPTER 2: VACANT AND REDEVELOPABLE LAND INVENTORY INTRODUCTION One of the initial tasks of the Regional Land Use Study was to evaluate whether there is
More informationAFFORDABLE WORKFORCE HOUSING REPORT OF THE WORKING GROUP Recommendations for our Region Approved February 22, 2006
AFFORDABLE WORKFORCE HOUSING REPORT OF THE WORKING GROUP Recommendations for our Region Approved February 22, 2006 www.rrregion.org RAPPAHANNOCK RAPIDAN REGIONAL COMMISSION WORKFORCE HOUSING WORKING GROUP
More informationWeekly Market Activity Report
X0A0T Weekly Market Report A RESEARCH TOOL FROM THE MINNEAPOLIS AREA ASSOCIATION OF REALTORS BROUGHT TO YOU BY THE UNIQUE DATA-SHARING TRADITIONS OF THE REALTOR COMMUNITY For Week Ending July 14, 2018
More informationHousing Market Update
Housing Market Update September 2017 EXECUTIVE SUMMARY TIGHT HOUSING MARKET CONTINUES, REFLECTS LOW INVENTORY AND HIGHER PRICES Dean J. Christon, Executive Director September 2017 The trend continues in
More informationNORTHERN VIRGINIA MARCH 2017
STATPAK NORTHERN VIRGINIA MARCH 2017 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR FEBRUARY 2017 Contract activity in February 2017 was up 4.0% from February 2016, and there were
More informationSan Francisco Bay Area to Santa Clara & San Benito Counties Housing and Economic Outlook
San Francisco Bay Area to 019 Santa Clara & San Benito Counties Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns Real Estate
More informationVoluntary or Mandatory Inclusionary Housing? Production, Predictability, and Enforcement
Voluntary or Mandatory Inclusionary Housing? Production, Predictability, and Enforcement November 2003 Business and Professional People for the Public Interest 25 E. Washington, Suite 1515 Chicago, IL
More informationWashington State s Housing Market Report
Washington State s Housing Market Report 1st Quarter 2009 WASHINGTON CENTER FOR REAL ESTATE RESEARCH COLLEGE OF BUSINESS June 2009 Washington Market Highlights First Quarter 2009 Single-family home sales
More informationREGIONAL. Rental Housing in San Joaquin County
Lodi 12 EBERHARDT SCHOOL OF BUSINESS Business Forecasting Center in partnership with San Joaquin Council of Governments 99 26 5 205 Tracy 4 Lathrop Stockton 120 Manteca Ripon Escalon REGIONAL analyst april
More informationIf you are planning to undertake a move in the coming
trebtalk Buying a new home BY BILL JOHNSTON If you are planning to undertake a move in the coming months, you have probably considered whether to choose new or resale housing. Both options have advantages.
More informationrd Quarter Market Report
2012 3 rd Quarter Market Report The voice of real estate in Central Virginia CAAR Member Copy Expanded Edition Charlottesville Area 3 rd Quarter 2012 Highlights: Overall sales in Greater Charlottesville
More informationAffordably- Priced Housing
Affordably- Priced Housing Can the next generation afford to live in Chester County? Chester County Planning Commission This slide deck is an annotated version of one presented at the Chesco2020 Affordably-Priced
More informationMARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR SEPTEMBER & 3rd QUARTER 2017
STATPAK LOUDOUN COUNTY OCTOBER 2017 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR SEPTEMBER & 3rd QUARTER 2017 Contract activity in September 2017 was up just 0.6% from September
More informationHousing and Economy Market Trends
Housing and Economy Market Trends Mainstreet Organization Prices of single-family, detached homes in suburban Chicago increased 12.1 percent in May 2014 compared with the same period a year ago. Overall,
More informationMissing Middle Housing Types Showcasing examples in Springfield, Oregon
Missing Middle Housing Types Showcasing examples in Springfield, Oregon MissingMiddleHousing.com is powered by Opticos Design Illustration 2015 Opticos Design, Inc. Missing Middle Housing Study Prepared
More information2014 Plan of Conservation and Development
The Town of Hebron Section 1 2014 Plan of Conservation and Development Community Profile Introduction (Final: 8/29/13) The Community Profile section of the Plan of Conservation and Development is intended
More informationRESIDENTIAL MARKET ANALYSIS
RESIDENTIAL MARKET ANALYSIS EVAN ABRAMOWITZ Joseph Bernard Investment Real Estate Oregon Association of Realtors Student Fellow Masters of Real Estate Development Graduate Student National housing market
More information4 PROPERTY REQUIREMENTS
4 PROPERTY REQUIREMENTS IN GENERAL Only Single-Family Residences located in the state of Washington may be financed under the Program. QUALIFYING SINGLE-FAMILY RESIDENCES Single-family detached, attached,
More informationAmerican Community Survey 5-Year Estimates
DP04 SELECTED HOUSING CHARACTERISTICS 2006-2010 American Community Survey 5-Year s Supporting documentation on code lists, subject definitions, data accuracy, and statistical testing can be found on the
More information