2022 Bracketing Realtors 
Housing Wire
APRIL 18, 2023
Between 2012 and 2022, the nationwide median value of homes owned by low-income households (households earning no more than 80% of metro area’s median income) rose 75%, or $98,910. Middle-income homeowners in Ogden recorded the largest wealth gain among all metros for their income bracket, gaining $220,000 in wealth from 2012 to 2022.
Appraisal Buzz
OCTOBER 31, 2024
Commissions trended slightly lower following the National Association of Realtors (NAR) settlement , dropping from an average of 2.42% in March to 2.35% in August, when the new changes went into effect. Buyer’s agent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%.
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Lamacchia Realty
APRIL 27, 2022
The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for March 2022 compared to March 2021. Data provided by Florida Realtors® SunStats. Additional Resources.
Lamacchia Realty
JANUARY 10, 2022
Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers. DISCLAIMER – There are risks involved with these tactics, consult your REALTOR® or Attorney.
Lamacchia Realty
JUNE 21, 2022
As you can see in the chart below, the red line indicates that 2022 began with the highest absorption rate of available inventory in the past 4 years but over the past 8 weeks has dropped to right around the same rate or lower than last year and we expect it to be going down more. Consider the Price Brackets. See chart below.
Lamacchia Realty
OCTOBER 17, 2024
Inventory began to rise in mid-2022 and again many assumed that inventory would continue to rise, but with rates skyrocketing, the opposite started to happen, around the same time the absorption rate started rising in late spring/early summer. Source: Altos Research Inventory is rising from the depths of 2022 and 2023, yes.
Lamacchia Realty
OCTOBER 25, 2023
PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. 2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic.
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