Housing Wire

AUGUST 23, 2024

In markets where inventory is tight, the way my agents are approaching it — and the way I’m advising them — is basically to use commission as a negotiation point in the sale. In those markets, listings are starting to sit and so there is some logic to the seller offering a buyer’s agent commission.

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Appraisal Buzz

DECEMBER 9, 2024

For example, if many active listings are priced higher than recent sales, it may suggest that sellers are responding to increased demand or reduced inventory, which are key indicators of a market in transition. Active listings also provide insight into current seller and buyer motivations.

Appraisal 358

Appraisal Marketing Valuation Tools 358

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.

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Bracketing Marketing Sellers Buyers 74

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.

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Housing Market Bracketing Marketing Sellers 69

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.

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Bracketing Marketing Sellers Buyers 74

Lamacchia Realty

MARCH 26, 2024

As you can see in the chart below, Florida has the highest shift in rising inventory over the past twelve months. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023. Source Inventory rises when more sellers are listing than buyers are buying.

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Lamacchia Realty

AUGUST 3, 2021

Inventory is still very tight despite a slight increase, and as you can see in the chart below from our Massachusetts Updates page , the percentage of homes placed under agreement out of total inventory is still higher than it ever has been but its noticeably lower than it was in the first six months of the year.

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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.

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New Listings Bracketing Inventory Realty 68

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.

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Inventory Real Estate Sellers Buyers 84

Cornerstone

MARCH 3, 2021

The good news about housing inventory recently hitting an all-time low is that this puts sellers in the driver’s seat. Even with such limited inventory, it’s likely your home will sit on the market or eventually need a price reduction (a red flag for buyers) if you don’t price it right from the start. Ready to sell? Showings are up 63.5

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Sellers Bracketing Inventory Buyers 59

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. I refer to this approach as high-level bracketing. Underwriting Training. Shift Terminology.

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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. I refer to this approach as high-level bracketing. Underwriting Training. Shift Terminology.

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Appraisal Marketing Training Bracketing 78

Birmingham Appraisal

MARCH 26, 2024

Prices have held steady and even increased in some areas due to limited inventory. What is bracketing and why should Realtors do it? A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022.

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Construction Appraisal Process Appraisal Bracketing 88

Birmingham Appraisal

MARCH 26, 2024

Prices have held steady and even increased in some areas due to limited inventory. What is bracketing and why should Realtors do it? A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022.

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Construction Appraisal Appraisal Process Bracketing 79

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.

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Sellers Inspection Buyers Bracketing 74

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.

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Inspection Buyers Sellers Real Estate 74

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.

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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

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. We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps. So, what did they do?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

JANUARY 23, 2025

Home sales in the “upper brackets” of the market reportedly perform better than average-priced homes. inventory levels stabilize. According to Sotheby’s, the luxury real estate market will continue a trend of historical resilience despite shifting economic factors.

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Real Estate Marketing Bracketing Investors 417

Housing Wire

NOVEMBER 22, 2024

If one would normally pay 20% based upon their tax bracket, they will pay 10% instead. And increased inventory at lower price points promotes a balanced market with price stability for the buyer. Well-conditioned inventory hitting the market will serve a greater immediate need. Under this plan, that would drop to 7.5%.

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Marketing Investors Investing Housing Market 468

Appraisal Today

DECEMBER 13, 2024

If they don’t hit the sales price by bracketing, they will throw out a lower sale and go get a higher one. In addition to lower rates, purchase activity continues to be supported by sustained housing demand and inventory that continues to grow gradually in many markets. They started with a Template and Auto Adjustment.

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Appraisal Contracts Real Estate Mortgage 78