#single family residential

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Density Push to Challenge Real Estate Professionals

Most real estate professionals understand the inventory shortages we are facing now are a result of more than a decade of underbuilding. Strong demand, fueled by population growth, coupled with the ongoing issue of an inadequate number homes for sale or rent are causing housing prices to skyrocket. As was evidenced this last year, even doubling of interest rates was not enough to change the course of the real estate market.

In Washington State, the legislature tackled this problem head-on in this first legislative session this year. According to the News Tribune, over 50 bills regarding housing were introduced in the legislature this year, many of them targeting strategies to build the over 1 million homes Washington State will need in the next 20 years. Here is a quick summary of the two bills that have the biggest implications for real estate agents that were signed by Governor Inslee on Monday, May 8th. Non-Washington State agents, this article still applies to you, but you can skip to the next section if you like.

HB 1110 This bill was designed to allow townhomes, duplexes, and multi-family up to six-plexes to be built in certain single-family home-zoned areas. The details cover what can be built and where, depending on local populations and transit. This bill requires cities and counties that meet the requirements to adjust their codes under the Growth Management Act (GMA). This will take effect up to six months past their next GMA update. Different counties have different deadlines for the GMA updates.

Find your county's update date here Read the entire bill contents here

HB 1337 Under this bill, cities and counties planning under the GMA will now be required to allow accessory dwelling units (for long-term rentals) as a method of promoting density. An owner-occupancy requirement will not be allowed and parking requirements are relaxed with proximity to transit. This bill requires cities that meet the requirements to adjust their codes under the Growth Management Act and will need to take effect six months past their next GMA update.

Read the entire bill contents here

Many areas already allow for more-flexible housing options when it comes to building. For example, last August, Spokane instituted more-flexible regulations on single family lots. The results? According to KREM, there are already nearly 300 new units in pre-development. Other states and cities (including Seattle, Kirkland, Tacoma, Burien, Kenmore, and others) have already adopted density-aggressive bills in the last few years and California recently overhauled its ADU rules to promote density. In fact, California even has an ADU grant program that provided up to $40K to homeowners who wanted to build an ADU on their property. The program has since maxed out, but keep your eyes open for additional opportunities that you can share with your clients.

More density can offer for more-efficient usage of infrastructure such as sidewalks, bike routes, and parks. It can also offer increased demand for smaller neighborhood businesses. There are concerns, however, as parking becomes more-challenging, especially due to the relaxed on-site parking regulations in the new bills.

As real estate agents, you may think that the only way this is going to affect you is that it is going to bring in more density and therefore more homes to sell. However, get ready.

Real estate agents: The coming years are going to be a whirlwind of education and activity. And we are just getting started.

As we see laws changing, we also have an upcoming generation of homebuyers who doesn't necessarily want what we as a country have been building for the last 100 years. They want simpler, less to maintain, and they don't necessarily want 5000 square feet of lawn. I think we are going to start seeing a lot more buyers wanting to know about potential for change and less about the existing single-family home you are showing them. When you combine this generational attitude with the loosenomg of building laws, we have conditions for a perfect storm for change. This may push you out of your comfort zone as you ride the wave of these changes!

"Highest and Best Use"

Let's say you recently sold the Smiths a single-family home built in 1950 with deferred maintenance on a 5000 square foot lot in a neighborhood in the middle of town. At the sale, the highest and best use of that property then was a single-family residence. As the details around the new laws get worked out, let's say that lot can now support up to a four-plex. In 2026, the Smiths are ready to move and call you to list. How are you going to market that property now?

Adaptability for Improvements

In the previous example, the Smiths' house was a 1950s home that had deferred maintenance, so it may indeed be better-suited for demolition, but what if a property has a newer home built in the last 10-20 years? If your buyers want to add an income-producing element to the property via an additional structure such as a DADU (detached accessory dwelling unit), how the current home is situated on the lot may become very important to evaluate. For example, if the home is in the dead center of the lot with not much wiggle room in the back or front due to setbacks or regulations, then an attached ADU may be the only option. Also worth considering during the buying process is how the utilities traverse the property. Let's say the only good spot to build on a lot is in the back left of the property but that is where all the utilities enter the property. That can be more-expensive to build. You may have never had to deal with these considerations before.

Also consider that in the marketing of a property now, you may need to appeal to a variety of buying targets. Are you marketing this as a single-family home? A single-family home with ADU/DADU potential? What supplementary documents are you going to include in the listing to make it easy for multiple types of buyers to evaluate?

Homes that are Functionally-Obsolete or have Deferred Maintenance

If a home has outlived its useful life, we currently try to remodel or fix in order to bring it back up to usefulness. Will that happen in the future or will we see a lot more homes being torn down and replaced with multiple units? For example, that home that the Smiths own - the 1950s home with deferred maintenance - it might make more sense to replace that with a functional new home that also includes an attached accessory dwelling unit and a detached accessory dwelling unit on the property. Or, what if that home is located to adjacent properties in similar shape and it make sense for a developer to take down the homes and put in a row of townhomes? Again, there may be multiple potential buying targets that you will need to keep in mind.

Homes that Currently Have ADUs

Areas that currently allow ADUs for long-term rentals in specific areas with an owner-occupancy requirement will find themselves in an odd no-mans-land for the next few years. In many cities, under the current law, the property owner needs to live at the property in order to rent it out. If a homeowner wants to sell under the current law, there is a barrier to buying since not all homeowners want to be landlords and some buyers may see an ADU as an awkward space. However, that could be an attractive type of property for an investor - when the laws around owner-occupancy change. The laws could change next week or they might need to wait 2-3 years. This might be an interesting niche market to explore!

Future ADUs

When the local regulations change, when ADUs are allowed and the owner-occupancy requirement is gone, how are you going to market that property to showcase the full income potential?

Property Management

This year, a bill that allowed for lots to be split was also proposed in Washington State, but it did not pass out of the legislature. This would have allowed a single-family residential lot to be split and developed on its own and sold. With the current situation of allowing multi-family properties or ADUs on properties, that means a lot more rentals. Therefore, I am expecting property management demand to be on the rise and your clients may have questions about where to turn. Do you have an answer? Hint: If you have been thinking about adding a niche to your skillset, property management for small investors with ADUs or 1-4 unit multi-family could be the opportunity you have been looking for. It is not for the faint of heart, however, so tread lightly. Learn more here:

NAR: Property Management NAR: Certified Property Manager (CPM)

Rise of Historical Districts

As density becomes the focus, some homeowners in older neighborhoods will seek to preserve the character of their neighborhood by starting the process of becoming a designated historic area. This will turn the focus from density to preservation. Since preservation is more-limiting in terms of what a homeowner can do with their property, this is very important for you to keep tabs on when you are representing buyers or sellers either looking to buy or sell in the area.

Infrastructure

One situation that could keep the housing bottleneck in place is infrastructure, especially when it comes to water and sewer hookups. In the Washington State bills, there is some leeway built in for cities whose systems cannot handle the influx of units needed, a temporary delay that will allow the cities to plan. However, what if the cities cannot afford to upgrade the systems and pass all the costs to builders, developers, and landowners? Will the costs to build outweigh the rewards? It will be interesting to see how localities are solving this problem, so keep tabs on this.

Parking

Until people living in more-urban areas can reduce their reliance on their vehicles, relaxing parking requirements will increase the value of on-site parking and the value of a property.

THE BOTTOM LINE

The changes proposed may not happen overnight, but some cities may go ahead and preemptively make code adjustments sooner than their six-month post-GMA cutoff. Now is the time for you to start getting ready and educated. There are still going to be buyers who want a single-family residence who don't care about where the property sits on the lot. However, there are also going to be buyers who are interested in the additional income an ADU can bring and who want to build an ADU (or two) on the property. There may be homes that are functionally-obsolete with severe deferred-maintenance that may need to be repackaged when it is time to sell. There may even be entire blocks of neighbors who come together to sell their collective lots to a developer.

You, as a real estate professional, need to be prepared to handle all of these situations or have referral partners for the type of real estate you determine is out of your scope.

I know this article has raised more questions than proposed solutions, but that is the point! We don't have all the information yet, nor do we have a clear understanding of what impact these changes may have on the market when implemented. What is clear is that we are in a moment of change and real estate agents need to put themselves in a position of knowing of what is going on in order to explain the changing situation to clients. How will you stay informed?

Subscribe to Your Local Paper In addition to supporting journalism, you can also stay on top of your local housing issue changes without going to dozens of meetings.

Read Editorials and Comments I also recommend reading the editorials as well as following the publication's social media pages. Read the comments. This will allow you to get a feel for the overarching feelings involved on these topics as these are some hot-button issues.

Attend City Council Meetings or Watch Recordings A lot can happen at City Council meetings! Attend or at least watch the replay if it is locally available. I also recommend downloading the agenda packet before the meeting as a lot of the details to the points summarized at the meetings can be found in the packet.

Ditto for County Council Meetings

Washington Agents Get involved in the Growth Management Act updates - Cities and counties are now making changes to or getting ready to make changes to their comprehensive plans under the GMA. This is a public process and you should easily be able to find out information on upcoming meetings or the current status of your area's updates by checking your city or county websites.

Zoning Maps We are going to see changes to zoning maps. Be on the forefront of these changes and supply this information to your clients.

Agents, if you ever dreamed about buying Microsoft when it was newly-available on the stock market, if you ever thought about going back in time and buying that certain piece of real estate that you still have today, or if you have ever wished you could start a lead generation campaign that you are still running to this day which is paying huge dividends on your investment, please consider this your a-ha moment. This IS the edge you are looking for. By investing your time now, being on the forefront of these changes, and sharing this information with your clients and leads, you will be richly rewarded in the years to come.

Encore

If you are a member of our Encore real estate coaching group, we are going to be devoting time every meeting to these bills, the GMA, and how to explain the changes and updates to your clients. There is so much opportunity coming our way and we are going to help you grasp every ounce of it!

LeadMagnet

If you are in our LeadMagnet real estate marketing program, we are going to be including content in your mailings that discuss the impacts of 1110 and 1337 and what your homeowner recipients need to know. Even if your target audience is in an HOA or sensitive area in which the new rules may not apply, I still expect these bills to change how all properties are valued in adjacent areas and therefore, knowledge is key.

If you aren’t in either of those programs, but would like to talk to us more about how you can take part:

Schedule a Consultation Call

SOURCES

XREM2: Spokane Ahead on Expanding "Middle Housing"

Seattle Times: Governor Inslee Signs Bills to Increase Housing in WA

Tacoma News Tribune: Housing was a Priority During 2023 Session

Urbanist: Kenmore and Kirkland Reform Accessory Dwelling Regulations, Snohomish County Could Be Next

California Housing Finance Agency: ADU Grant Program

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By Denise Lones CSP, M.I.R.M., CDEI - The founding partner of The Lones Group, Denise Lones, brings nearly three decades of experience in the real estate industry. With agent/broker coaching, expertise in branding, lead generation, strategic marketing, business analysis, new home project planning, product development, Denise is nationally recognized as the source for all things real estate. With a passion for improvement, Denise has helped thousands of real estate agents, brokers, and managers build their business to unprecedented levels of success, while helping them maintain balance and quality of life.

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Marc Perrotta - Casa San Cristobal

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Houses for Sale in Bixby Knolls, CA: Suburban Serenity Meets Urban Excitement

Credit: Image by Curtis Adams | Pexels

Unveiling the Charms and Attractions of Houses for Sale in Bixby Knolls, CA

Houses for sale in Bixby Knolls, CA, are part a well-planned community in Long Beach, California. It is home to middle-class families who feel suburban while having all the comforts of the city.

The community is much sought after because it is easily accessible to commercial zones, exciting activities, and numerous leisure activities.

In this article, we shall discuss why Bixby Knolls is among the best places to invest in a house, showing its strengths and the various attributes that make it an attractive residence hub to families, the growing youth workers, and the retreating-age population.

Walkable Commercial Center

Bixby Knolls, CA, homes for sale can boast a relatively manageable downtown shopping area. To one side lies the pedestrian-only Atlantic Avenue lined with stores and an ethnic variety of eateries, and on the other lies the Long Beach boulevard.

The environment is also friendly to pedestrians by providing stop signs and roundabouts, thus reducing the dangers for pedestrians and cyclists.

Retail Shops and Dining Options

Residents of Bixby Knolls are blessed with desirable stores such as Marshall’s and Trader Joe’s, so shopping for necessities is quite a pleasant experience. The area is also dotted by rather modern outlets encompassing SteelCraft, an outdoor dining facility with various restaurants in converted shipping containers.

If you want to grab a couple of beers and wings at the microbrewery or go for a bowl of ramen, a slice of pizza, or just a sushi roll, Bixby Knolls has got you covered.

Foot-Friendly Environment

One of the significant benefits that people can gain from being Bixby Knolls is that the place is very pedestrian-friendly. Residents can quickly move from one shop to another without the pressure of searching for a parking space.

Lively Events

Bixby Knolls is characterized by the number of hobby clubs, thematic parties, celebrations, and other meetings that allow inhabitants to develop friendly connections.

The community creates entertainment and social interaction sources for all ages, allowing for a tight-knit and involved area.

Bike Days and Concerts

For families, Bixby Knolls has events for children, such as bike days, which ensure children have a safer way of enjoying cycling events. These dance events are meant to introduce children to bicycle safety measures while involving them in an activity they enjoy.

In the summer, Los Cerritos Park is about entertainment due to concerts and other social events that attract people in the evening as they enjoy music and other activities held outside.

First Fridays

Increasingly, people’s primary choice of social lifestyle is the First Fridays within the area. First Fridays are a monthly celebration on the first Friday of every month along Atlantic Avenue; businesses open late, and streets turn into nightlife.

They can go to shops and restaurants in a building or a complex where various bands and performers entertain them. This is an excellent opportunity for local businesses to sell their products and the community to have a sound, regular occasion to come together and socialize.

Diverse Recreation

In addition to such commercial and social possibilities, there is much in Bixby Knolls that the leisurely individual may find to his liking, irrespective of his interest in painting or pictures. This means that visitors to the neighborhood can engage themselves well in leisure and learning, from the parks and playgrounds to historical sites and cultural institutions.

Bixby Knolls Park

Bixby Knolls Park is the main identifiable recreation area for people and their outdoor leisure activities. It has a playground and a picnic area, which makes it perfect for family time, especially on weekends when the sun is shining.

The green space is a relief to the region and offers potential health benefits, such as relaxing, playing, or even taking a tour around it.

Long Beach Historical Society Museum For history and culture lovers, the Long Beach Historical Society Museum will hardly leave you indifferent.

Situated near Bixby Knolls, the museum contains galleries that present photographs, documents, and other various relics of the historical importance of Long Beach and the surrounding regions.

People are welcome to explore the area, which is abundant in historical significance, and enjoy the attempts to revive history.

Virginia Country Club and Rancho Los Cerritos

Virginia Country Club is relatively large and grandeur, which has facilitated its membership to become one of the elite clubs across the country. While not very old, Rancho Los Cerritos is also a country club based in California. It is smaller and has yet to make it to the list of some of the most preferred membership clubs in the United States.

Virginia Country Club occupies vast land on the western portions of Bixby Knolls, near the Los Angeles River, and the Rancho Los Cerritos site also falls in this area. A country club with elite modern golf classification facilities and private parties is also located near the park; the Rancho Los Cerritos Historic Site offers a glimpse of the ranching life in the Old West of California.

The stunning structure of the buildings, the landscapes that depict the land's beauty, and the artifacts displayed in the places make the site appealing to ardent visitors. These destinations are a historian’s paradise, as they can satisfy both the adventurous and the lovers of nature, recreation, and everything in between.

Real Estate in Bixby Knolls

The type of properties that dominate the Bixby Knolls community is as varied as the people and opportunities available within the locale. So are the kinds of homes being put up in the area about prices. Some houses are old, and the buyer may be interested in a nicely built mid-century home or a more contemporary condominium.

Mid-Century Charm

Bixby Knolls is an area with many preserved and maintained mid-century residences, unique detailing, and large plots of land. They usually feature intact hardwood floors, beautiful high windows allowing more light into the interiors, and generous yard spaces for facilitated outdoor barbecue parties, among other outdoor activities.

Mid-century design is a seller’s dream because clients seeking character and custom homes are attracted to the look.

Modern Condominiums

Those familiar with more sophisticated furniture and interior design may opt for the modern condominiums Bixby Knolls offers. These simple lifestyle accommodations include swimming pools, fitness centers, and secure parking.

Bixby Knolls condominiums are suitable for young working people or retired people who want to lead comfortable lifestyles without the demands of a house.

Family-Friendly Neighborhoods

Bixby Knolls is also family-oriented because the area has some of the best schools, a safe neighborhood, and several parks and playgrounds. Thus, the neighborhood's atmosphere is quite friendly for families with children, and a tightly-knit community enhances the overall picture.

Bixby Knolls boasts spacious homes on relatively quiet streets with many trees to give the neighborhood a serene atmosphere.

The community is a well-developed neighborhood in California that captures all the aspects of suburban-based living with the convenience of a big city nearby. This is mainly because it is a conveniently pedestrian-friendly commercial hub, events are happening almost all the time, and there is a wide variety of recreational activities to participate in.

An intense togetherness and numerous facilities make it possible to state that the houses for sale in Bixby Knolls are in higher demand. Bixby Knolls is one of the best areas to make your home when relocating to Long Beach!

Want to know more? Visit our website at https://longbeachinvestmentproperty.com/long-beach/bixby-knolls/ for additional information.

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Exterior - Traditional Exterior Example of a large classic white two-story brick exterior home design with a shingle roof

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14 Lewiston Court Palm Coast, FL 32137

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A Technical Exploration of Diverse Housing Structures in Civil Engineering

Introduction: In the realm of civil engineering, the design and construction of various types of houses encompass a myriad of structural considerations, each tailored to meet specific needs, environmental conditions, and aesthetic preferences. This article delves into the technical aspects of different housing structures, providing insights into the engineering principles that underpin their…

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If anyone is looking to expand unions to new industries, the Property Management industry desperately needs you.

We have no unions that I am aware of, and we have no way to collectively bargain.

If you have experience in forming and operating unions, this is a place where we need it, for both employee protections and resident protections. We are at a large disadvantage to owners of properties to do what they push us to (assuming it's legal, which frankly to much is), and it can be a career ender to not do those depending on the company as the apartment and rental industry is very tight knit and a company like say, Greystar, has MASSIVE sway.

I know the classic response is "well you can make one" and yes, I can. BUT I have never been in a union. I don't know how it functions, and I have no desire to give people a subpar protection because I don't know what I'm doing.

I don't share pro union stuff, guides to make unions, ect for shits. I know there are others like me, and even if they can't do it, perhaps that can be some additional pressure to have them reach out to someone who can.

[oconnor2023]

Single Family Home Appraisals | Glynn County

Are you a property owner in Glynn County? Cut my taxes has the best residential services on property tax protest. Reduce your property taxes now! Find out more here https://www.cutmytaxes.com/the-average-increase-in-glynn-county-single-family-home-assessments-for-2023-is-17-30/

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Enclosed - Modern Kitchen

An illustration of a medium-sized minimalist kitchen with a concrete floor and an enclosed l shape, flat-panel cabinets, blue cabinets, white backsplash, an island, and white countertops.

[arizonastructuralengineers]

These homes provide a personal and separate living environment, characterized by their detached structure and private outdoor spaces, such as lawns and gardens. Single-family residential homes are a cornerstone of the housing market, offering a wide range of possibilities to accommodate various lifestyles and priorities while serving as long-term investments in many communities.

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Music Room Family Room Chicago Inspiration for a large, contemporary, open-concept family room renovation with a music area, a wall-mounted television, and white walls

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Front Yard - Porch

This is an illustration of a sizable brick porch in the Mediterranean style.

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Modern Entry in Chicago Large modern entryway idea with a medium wood front door and gray flooring, as well as white walls.

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Large minimalist pink two-story brick exterior home photo with a metal roof