Boston Appraisal

JANUARY 18, 2023

The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. This affected buyers and sellers.

Sellers 78

Sellers Buyers Home Value Marketing 78

Housing Wire

OCTOBER 3, 2022

Skyrocketing mortgage rates – now in the 7% range for some buyers – and limited inventory have driven mortgage affordability to its lowest levels since the early 1980s, a reversal from the frenetic boom in buying during 2020 and 2021. That monthly payment is up $930 from August 2021, a 73% increase. With mortgage rates at 6.7%

Inventory 529

Inventory Home Value Housing Market Mortgage 529

Housing Wire

JANUARY 24, 2023

California lender New American Funding has partnered with EasyKnock, a New York startup that buys homes and rents them back to sellers, allowing clients to access their home equity through non-traditional means. If the home value appreciates, customers get to keep the difference. The lender originated $14.9

Tenants 393

Tenants Loan Officers Finance Clients 393

Housing Wire

MARCH 9, 2022

Despite this decrease, some markets such as Los Angeles and New York, still saw housing wealth rise due to increasing home prices. ” Nationwide, the median single-family existing-home sales price rose at an annual pace of 8.3% ” Nationwide, the median single-family existing-home sales price rose at an annual pace of 8.3%

Home Value 468

Home Value Realtors Marketing Inventory 468

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%. One of the researchers, Will Fried, had a hunch.

Clients 459

Clients Agents Buyers Sellers 459

Housing Wire

JANUARY 25, 2023

After blowing past the 2% core inflation target in April 2021, it continuously rose for 18 months until peaking in September 2022. Until mortgage rates drop below 5.5%, we can expect low housing supply, which favors sellers. Since the COVID-19 pandemic lockdowns of 2020, inventory has dropped to record-low levels both in 2021 and 2022.

Housing Market 459

Housing Market Marketing Inventory Sellers 459

Housing Wire

JANUARY 2, 2023

These declines, of course, came after very strong price increases in late 2021 and the first half of 2022,” Craig Lazzara, the managing director of S&P DJI , said in a statement. In September , the index recorded a year-over-year increase of 10.7%. Month over month, the U.S. National Index was down 0.5%.

Home Value 418

Home Value Housing Market Contracts Sellers 418

Listing Spark

FEBRUARY 24, 2021

Well folks, if you’re wondering if the market has cooled off at all now that we have rolled in to 2021, it hasn’t. Indicating that not only are we firmly planted in a seller’s market, but a historically crazy seller’s market. to 3,626 Median Home Value: up 15.8% Houston: 1.9 last year).

Real Estate 69

Real Estate Marketing Inventory Sellers 69

Housing Wire

MAY 24, 2023

This homebuying season – and year-round – industry professionals must do their part to ensure home buyers understand the threat of real estate wire fraud and how they can protect themselves. As home values rise, so do the loss amounts from these scams. billion in reported losses in 2022.

Real Estate 397

Real Estate Buyers Real Estate Agent Sellers 397

Lamacchia Realty

OCTOBER 25, 2024

Despite more homes being listed, prices continue to climb, indicating that it remains a seller’s market. As winter approaches, we expect buyer competition may start to slow down, leading to a rise in seller competition, which could potentially cause some price adjustments. in September and remained within the 6.1%

Sellers 74

Sellers Real Estate Buyers Realty 74

Houston Properties

JULY 22, 2022

Home Value Of My House: Tips for Pricing Your Houston Home. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take?

Home Value 36

Home Value Real Estate Agent Real Estate Realtors 36

Lamacchia Realty

OCTOBER 25, 2024

Despite more homes being listed, prices continue to climb, indicating that it remains a seller’s market. As winter approaches, we expect buyer competition may start to slow down, leading to a rise in seller competition, which could potentially cause some price adjustments. in September and remained within the 6.1%

Sellers 74

Sellers Real Estate Buyers Realty 74

Lamacchia Realty

OCTOBER 25, 2024

This trend is more than just the seasonal slowdown and suggests a shift away from the intense seller’s market, offering buyers more choice and potentially reducing competition. As inventory grows, sellers may need to adjust prices , leading to a more moderate market pace that benefits buyers looking for a better deal.

Sellers 73

Sellers Real Estate Buyers Inventory 73

Lamacchia Realty

OCTOBER 25, 2024

This trend is more than just the seasonal slowdown and suggests a shift away from the intense seller’s market, offering buyers more choice and potentially reducing competition. As inventory grows, sellers may need to adjust prices , leading to a more moderate market pace that benefits buyers looking for more affordability.

Sellers 74

Sellers Real Estate Buyers Inventory 74

Lamacchia Realty

OCTOBER 25, 2024

As a result, more sellers have entered the market, but many buyers now find these properties to be outside their budget. Instant Home Evaluation See immediately how this market is impacting your home value. Recent changes in regulations for townhomes and condos have caused costs to rise for current owners.

Real Estate 74

Real Estate Sellers Buyers Realty 74

Lamacchia Realty

OCTOBER 25, 2024

This trend is more than just the seasonal slowdown and suggests a shift away from the intense seller’s market, offering buyers more choice and potentially reducing competition. As inventory grows, sellers may need to adjust prices , leading to a more moderate market pace that benefits buyers looking for a better deal.

Sellers 74

Sellers Real Estate Buyers Inventory 74

Housing Wire

MAY 4, 2022

Annual house price growth hit a record high in 2021, over 17%, and growth remains in the double digits thus far in 2022. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. To register for the HW+ event, go here.

Housing Market 396

Housing Market Finance Marketing Mortgage 396

Appraisal Buzz

JUNE 24, 2024

Even during a period when home values are typically at their lowest, many prospective first-time buyers were unable to reach their long-term financial goal of becoming homeowners in Q1, according to the Q1 2024 First-Time Home Buyer Affordability Report from Nerdwallet.

Buyers 273

Buyers Advertising Inventory Home Value 273

Lamacchia Realty

SEPTEMBER 25, 2024

Sellers , with the trends of mortgage rates and new inventory on the decline, now is a great time to list. Instant Home Evaluation See immediately how this market is impacting your home value. Then, in early September, we saw them drop to the lowest rate since February 2023 at 6.1%.

Real Estate 74

Real Estate Sellers Buyers Housing Market 74

Lamacchia Realty

SEPTEMBER 25, 2024

Sellers , with the trends of mortgage rates and new inventory on the decline, now is a great time to list. Instant Home Evaluation See immediately how this market is impacting your home value. Then, in early September, we saw them drop to the lowest rate since February 2023 at 6.1%.

Real Estate 74

Real Estate Sellers Buyers Housing Market 74

Housing Wire

FEBRUARY 4, 2022

Our forecast is for home values to rise 16% from December 2021 to December 2022. One of the main headwinds for buyers — higher mortgage rates — will also dissuade some sellers who want to avoid paying more interest on their next home purchase. Zillow’s answer: price growth won’t slow much, at least not nationally.

Housing Market 370

Housing Market Inventory Home Value Marketing 370

Lamacchia Realty

SEPTEMBER 25, 2024

Sellers , with the trends of mortgage rates and new inventory on the decline, now is a great time to list. Instant Home Evaluation See immediately how this market is impacting your home value. Then, in early September, we saw them drop to the lowest rate since February 2023 at 6.1%.

Real Estate 74

Real Estate Sellers Buyers Housing Market 74

Lamacchia Realty

SEPTEMBER 25, 2024

Sellers , with the trends of mortgage rates and new inventory on the decline, now is a great time to list. Instant Home Evaluation See immediately how this market is impacting your home value. Then, in early September, we saw them drop to the lowest rate since February 2023 at 6.1%.

Real Estate 74

Real Estate Sellers Buyers New Listings 74

Lamacchia Realty

SEPTEMBER 25, 2024

Sellers , with the trends of mortgage rates and new inventory on the decline, now is a great time to list. Instant Home Evaluation See immediately how this market is impacting your home value. Then, in early September, we saw them drop to the lowest rate since February 2023 at 6.1%.

Real Estate 74

Real Estate Sellers Buyers Realty 74

Lamacchia Realty

SEPTEMBER 22, 2023

Single families: $705,929 (2022) | $735,899 (2023) Condominiums: $593,201 (2022) | $664,637 (2023) Multi-families: $651,412 (2022) | $673,387 (2023) Homes Listed For Sale: T he number of homes listed is down by 10.4% 2023: 5,974 2022: 7,609 2021: 8,995 Price Reductions: The number of price reductions is down 26.5%

Real Estate 74

Real Estate Sellers Realty Home Value 74

Lamacchia Realty

SEPTEMBER 22, 2023

Single families: $559,314 (2022) | $621,869 (2023) Condominiums: $293,165 (2022) | $335,346 (2023) Homes Listed For Sale: T he number of homes listed is down by 14.5% when compared to July 2022.

Real Estate 74

Real Estate Sellers Realty Home Value 74

Lamacchia Realty

JULY 31, 2024

Learn More About the Springfield, MA Community 2024 Springfield, MA Housing Market Outlook The early part of the year typically favors sellers due to low housing inventory and high buyer demand. This combination often leads to bidding wars and upward pressure on home prices. The number of pending sales decreased by 4.8%

Real Estate 69

Real Estate Buyers Sellers Realty 69

Lamacchia Realty

JULY 30, 2024

Learn More About the Braintree, MA Community 2024 Braintree, MA Housing Market Outlook The early months of the year typically favor sellers due to limited inventory and high buyer competition. This low-supply, high-demand scenario often fuels bidding wars, pushing home prices upward. The number of pending sales decreased by 0.6%

Real Estate 69

Real Estate Buyers Sellers Realty 69

Lamacchia Realty

JULY 31, 2024

Learn More About the Northborough, MA Community 2024 Northborough, MA Housing Market Outlook The early part of the year typically favors sellers due to low housing inventory and high buyer demand. This combination often leads to bidding wars and upward pressure on home prices.

Real Estate 68

Real Estate Buyers Sellers Realty 68

Lamacchia Realty

JUNE 20, 2023

Single families: $748,991 (2022) | $736,501 (2023) Condominiums: $651,199 (2022) | $658,673 (2023) Multi-families: $648,629 (2022) | $671,965 (2023) Homes Listed For Sale: T he number of homes listed is down by 18.3% 2023: 7,571 2022: 9,417 2021: 10,161 Price Reductions: The number of price reductions is down 32.6%

Sellers 74

Sellers Real Estate Realty Home Value 74

Housing Wire

FEBRUARY 1, 2023

Interest rates, though down slightly in recent weeks, are still double what they were at the end of 2021, and the Federal Reserve continues its monetary tightening policies to fight inflation. Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range]. in November, down from a 9.2%

Marketing 435

Marketing Government Mortgage Sellers 435

Lamacchia Realty

SEPTEMBER 22, 2023

Single families: $527,049 (2022) | $580,585 (2023) Condominiums: $393,648 (2022) | $430,978 (2023) Multi-families: $441,429 (2022) | $556,772 (2023) Homes Listed For Sale: T he number of homes listed is down by 6.7% when compared to August 2022.

Real Estate 74

Real Estate Sellers Realty Home Value 74

Lamacchia Realty

JUNE 20, 2023

Single families: $535,219 (2022) | $595,464 (2023) Condominiums: $285,671 (2022) | $309,862 (2023) Homes Listed For Sale: T he number of homes listed is down by 26.2% Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 74

Real Estate Sellers Realty Home Value 74

Lamacchia Realty

JUNE 20, 2023

Single families: $531,565 (2022) | $552,226 (2023) Condominiums: $390,152 (2022) | $469,511 (2023) Multi-families: $454,059 (2022) | $492,424 (2023) Homes Listed For Sale: T he number of homes listed is down by 19.4% Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 73

Real Estate Sellers Realty Home Value 73

Lamacchia Realty

JUNE 23, 2023

Instant Home Evaluation See immediately how this market is impacting your home value. Click on the button to visit the South Florida Real Estate Updates page and never hesitate to contact us with questions.

Real Estate 74

Real Estate Sellers New Listings Realty 74

Lamacchia Realty

MAY 22, 2023

Single families: $697,882 (2022) | $704,187 (2023) Condominiums: $653,088 (2022) | $651,446 (2023) Multi-families: $624,543 (2022) | $608,239 (2023) Homes Listed For Sale: T he number of homes listed is down by 29.1% 2023: 6,178 2022: 8,170 2021: 9,335 Price Reductions: The number of price reductions is down 41.5%

Sellers 69

Sellers Real Estate Realty Home Value 69

Lamacchia Realty

JULY 31, 2024

Sellers may need to adjust their pricing strategies to attract motivated buyers in this shifting market. Given the ever-changing mortgage rate environment and continued rise in home values, buyers must stay informed and prepared to seize opportunities, especially if interest rates unexpectedly decline.

Real Estate 74

Real Estate Buyers Realty Home Value 74