Lamacchia Realty

OCTOBER 17, 2024

Inventory of homes listed reached a record low by July of 2023 , and mortgage rates increased dramatically, diminishing buyer affordability. Now in 2024, the inventory of homes has been steadily rising, but mortgage rates have recently dipped, so the real estate landscape is still readjusting itself from the frenzied pandemic market.

Bracketing 69

Bracketing Marketing Sellers Buyers 69

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 67

Housing Market Bracketing Marketing Sellers 67

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. Inventory didn’t increase at the rate most assumed it would.

Bracketing 69

Bracketing Marketing Sellers Buyers 69

Lamacchia Realty

AUGUST 3, 2021

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. But if the home has been available long enough, it’s time to consider adjusting the list price to gain more visibility from more potential buyers.

Bracketing 69

Bracketing Sellers Buyers Inventory 69

Lamacchia Realty

MARCH 26, 2024

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023.

Bracketing 65

Bracketing HOA Sellers Buyers 65

Birmingham Appraisal

FEBRUARY 6, 2024

In this post we’ll discuss average and median sold price, average days on the market (DOM), and months of inventory. More sales in the lower price bracket may indicate a decline in prices and more in the upper range may indicate an increase. In my last post, I discussed statistics related to supply and demand.

Inventory 82

Inventory Real Estate Sellers Buyers 82

Lamacchia Realty

APRIL 27, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market The inventory crisis last year caused demand to spike higher than ever by fall and into the winter, which in turn caused prices to continue to increase significantly. South Florida Inventory.

New Listings 59

New Listings Bracketing Inventory Realty 59

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market.

Buyers 72

Buyers Inspection Sellers Real Estate 72

Cornerstone

MARCH 3, 2021

The goal of pricing your home to sell is to enhance visibility and attract more buyers. Rather than getting locked into a negotiation with a single homebuyer, you can price your home to maximize demand so that more buyers are looking. It may actually repel potential buyers. Ready to sell? Work with a skilled real estate agent.

Sellers 59

Sellers Bracketing Inventory Buyers 59

Lamacchia Realty

JANUARY 10, 2022

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. The tricky part is figuring out how much over asking price.

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Sellers Buyers Inspection Bracketing 73

Genworth MI Blog

NOVEMBER 29, 2018

Because of the lack of housing inventory (and available inventory) in rural markets, rural buyers are often less sensitive thank their urban counterparts to differences in housing styles and features. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics.

Appraisal 78

Appraisal Marketing Training Bracketing 78

Genworth MI Blog

NOVEMBER 29, 2018

Because of the lack of housing inventory (and available inventory) in rural markets, rural buyers are often less sensitive thank their urban counterparts to differences in housing styles and features. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics.

Appraisal 78

Appraisal Marketing Training Bracketing 78

Lamacchia Realty

MAY 26, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market The inventory crisis last year caused demand to spike higher than ever by fall and into the winter, which in turn caused prices to continue to increase significantly. South Florida Inventory.

New Listings 36

New Listings Bracketing Inventory Realty 36

Lamacchia Realty

FEBRUARY 22, 2023

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market. Real estate is a long game.

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Inspection Buyers Sellers Bracketing 41

Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. Remember: real estate is hyper-local! Household Finances – The Best (Ever).

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

NOVEMBER 22, 2024

If one would normally pay 20% based upon their tax bracket, they will pay 10% instead. This could be a huge win-win-win (country, seller, buyer). And increased inventory at lower price points promotes a balanced market with price stability for the buyer. Under this plan, that would drop to 7.5%.

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Marketing Investors Investing Housing Market 468

Appraisal Today

DECEMBER 13, 2024

As for the Naples property, Ameer adds: You essentially have your own private island here, and the long marketing time may simply be due to aspirational pricing for a unique property, which can take time to find the buyer audience for this home. There is already an increasing demand for refis and home buyers and sellers.

Appraisal 53

Appraisal Contracts Real Estate Mortgage 53