Remove 2007 Remove Bracketing Remove Contracts
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Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

The chart below shows the median time to contract, which is the number of days it takes for the property to be considered off the market. Since 2005, Lamacchia Realty has utilized data to refine a pricing model for homes, introducing the Lamacchia Realty Target Pricing Model in 2007.

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Price Adjustments in this New Housing Market

Lamacchia Realty

That’s because fewer homes are being placed under contract. The Lamacchia Realty Target Pricing Model has been implemented in the selling process since 2007. Consider the Price Brackets. Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. Put another way, the monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. So, what did they do?