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Why home prices are holding steady despite higher rates

Housing Wire

Pending contracts First, we must realize that we are working with the third calendar year of the lowest home sales ever recorded, once you adjust that number to the workforce. There were many years of housing data in the early to mid-1980s and mid to late 1990s, and even from 2000 to 2005, where we have seen rising inventory and sales.

Inventory 516
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Berlin MA Homes For Sale Under $200k

Lamacchia Realty

Berlin MA Homes For Sale Under $200k Price Beds Baths Save Search New Listing - 17 hours on site 1 / 27 $148,000 Single Family Residence For Sale Active 3 BEDS 1.5 Berlin MA Homes For Sale Under $200k Price Beds Baths Save Search New Listing - 17 hours on site 1 / 27 $148,000 Single Family Residence For Sale Active 3 BEDS 1.5

Realty 36
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New Hampshire 2023 Year in Review

Lamacchia Realty

This report breaks down state-wide sales (previous years mostly covered Southern NH and the Lakes Region ), average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022, and discusses what is predicted to unfold in 2024. Average prices for closed sales increased by 7.2%

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U.S. Housing Market Collapse? Nowhere in Sight

Empire Appraisal Group

The housing market is entering the ‘most significant contraction in activity since 2006,’ says Freddie Mac economist” (Fortune). As expected, mortgage applications have dropped off a cliff – to the lowest level since 2000. Consequently, prices of new homes should follow a similar downward path, although the trajectory is the question.

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Massachusetts 2023 Year in Review

Lamacchia Realty

This report breaks down sales, average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022 and discusses what is predicted to unfold in 2024. Lowest number of homes listed in recorded history, decreased by 18.7% Average prices for closed sales increased by 3.4%

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How to get a real estate license in Texas

Housing Wire

Pre-licensing exam coursework = $500 to $1,600 Sales agent examination fee = $43 License renewal fee after 2 years = $110 Other miscellaneous fees = about $100 Estimated total = Between $800 and $2000 [7] Miscellaneous fees may include courses you take as a supplement to the required coursework, such as an exam prep class.

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2023 Maine Year in Review

Lamacchia Realty

This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Average prices for closed sales increased by 10% Lowest number of homes listed in over two decades, decreased by 12% The number of homes placed under contract (pending) decreased by 16.4%