Lamacchia Realty

FEBRUARY 27, 2024

Single families: $484,935 (2023) | $554,204 (2024) Condominiums: $318,153 (2023) | $314,791 (2024) Homes Listed For Sale: T he number of homes listed is down by 3.9% In Connecticut, inventory is struggling to recover , and therefore the current levels are unable to meet the buyer demand in the market.

Sellers 52

Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 new hampshire housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year. when compared to July 2022.

Sellers 45

Sellers Real Estate Inventory Buyers 45

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 massachusetts housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year. when compared to July 2022.

Sellers 50

Sellers Real Estate Inventory Buyers 50

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $632,613 (2023) | $702,284 (2024) Condominiums: $633,473 (2023) | $679,516 (2024) Multi-families: $592,514 (2023) | $637,010 (2024) Homes Listed For Sale: T he number of homes listed is up by 8.6% 2024: 4,702 2023: 4,330 2022: 4,636 Pending Home Sales: The number of homes placed under contract is down by 0.4%

Sellers 55

Sellers Real Estate Buyers Inventory 55

Birmingham Appraisal

JULY 7, 2022

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. Anytime there is a shift in the market there is always the possibility that property values will change. Today I will be sharing my thoughts and give some reasons your home may not appraise in today’s market.

Appraisal 64

Appraisal Marketing Contracts Buyers 64

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $653,286 (2022) | $702,935 (2023) Condominiums: $597,287 (2022) | $623,028 (2023) Multi-families: $605,432 (2022) | $671,070 (2023) Homes Listed For Sale: T he number of homes listed is up slightly by 0.02% when compared to October 2022. However, inventory levels are increasing, recently surpassing 2021 levels.

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $546,629 (2022) | $576,610 (2023) Condominiums: $412,457 (2022) | $433,378 (2023) Multi-families: $447,422 (2022) | $507,235 (2023) Homes Listed For Sale: T he number of homes listed is up by 6.7% 2023: 1,858 2022: 1,741 2021: 1,920 Pending Home Sales: The number of homes placed under contract is down by 0.8%

Sellers 52

Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $381,123 (2023) | $475,011 (2024) Condominiums: $470,541 (2023) | $474,813 (2024) Multi-families: $367,522 (2023) | $467,338 (2024) Homes Listed For Sale: T he number of homes listed is up by 13.7% 2024: 1,096 2023: 964 2022: 1,080 Pending Home Sales: The number of homes placed under contract is down by 13.3%

Sellers 50

Sellers Real Estate Buyers Inventory 50

Lamacchia Realty

DECEMBER 19, 2023

Single families: $663,821 (2022) | $697,656 (2023) Condominiums: $594,726 (2022) | $608,752 (2023) Multi-families: $621,874 (2022) | $658,276 (2023) Homes Listed For Sale: T he number of homes listed is down slightly by 0.69% when compared to November 2022. What does this mean for Buyers ? What does this mean for Sellers ?

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Lamacchia Realty

FEBRUARY 23, 2024

Single families: $ 525,467 (2023) | $530,608 (2024) Condominiums: $409,028 (2023) | $500,879 (2024) Multi-families: $431,353 (2023) | $489,323 (2024) Homes Listed For Sale: T he number of homes listed is up by 17.9% 2024: 1,140 2023: 967 2022: 1,095 Pending Home Sales: The number of homes placed under contract is up by 6.1%

Sellers 49

Sellers Real Estate Buyers Inventory 49

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $948,706 (2023) | $1,058,316 (2024) Condos & Townhomes: $504,195 (2023) | $533,283 (2024) Homes Listed For Sale: T he number of homes listed is up by 24% when compared to January 2023. 2024: 12,307 2023: 9,929 2022: 10,583 Pending Home Sales: The number of homes placed under contract is down by 9.1%

Inventory 47

Inventory Sellers Real Estate Buyers 47

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $517,326 (2023) | $609,905 (2024) Condominiums: $420,479 (2023) | $375,106 (2024) Multi-families: $435,569 (2023) | $535,776 (2024) Homes Listed For Sale: T he number of homes listed is up by 3.8% This means that being informed and prepared is critical to being successful! when compared to January 2023.

Sellers 48

Sellers Real Estate Buyers Inventory 48

Lamacchia Realty

DECEMBER 19, 2023

Single families: $549,922 (2022) | $559,251 (2023) Condominiums: $414,921 (2022) | $533,433 (2023) Multi-families: $501,629 (2022) | $469,320 (2023) Homes Listed For Sale: T he number of homes listed is up by 7.3% 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

Real Estate 51

Real Estate Sellers Buyers Realtors 51

Lamacchia Realty

MARCH 28, 2023

Staying informed of your mortgage options and prepared with updated preapprovals will make you ready to strike and WIN in this market! Sellers, right now is the best time to get your home on the market to sell it for more than you would in a few months. Anthony explains this further in his recent video. when compared to February 2022.

Sellers 45

Sellers Inventory Buyers Real Estate 45

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $506,346 (2022) | $560,286 (2023) Condominiums: $290,303 (2022) | $352,789 (2023) Homes Listed For Sale: T he number of homes listed is down by 1.4% The number of homes listed is inching closer and closer to 2022 levels which is a good indicator of market activity. when compared to October 2022.

Sellers 52

Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

APRIL 24, 2023

Listings in New Hampshire are down significantly year over year as many sellers are hesitating to list their homes. However, listing your home NOW could get you the most money ! Lack of inventory coupled with high buyer demand has intensified the level of competition in the market, exemplified by the return of bidding wars.

Sellers 55

Sellers Buyers Inventory Real Estate 55

Lamacchia Realty

OCTOBER 19, 2023

Single families: $528,879 (2022) | $565,163 (2023) Condominiums: $303,917 (2022) | $316,041 (2023) Homes Listed For Sale: T he number of homes listed is down by 9.8% Additionally, the number of homes listed is down 9.8%. Timing is everything, and to be successful in this market you need to be prepared and informed!

Sellers 53

Sellers Real Estate Buyers Realty 53

Eppraisal

MARCH 13, 2021

According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. Interest rates are still historically low and, in many areas, when a home is listed for sale, it's a race as to who sees it and puts in an offer first.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Lamacchia Realty

OCTOBER 19, 2023

Single families: $534,807 (2022) | $579,901 (2023) Condominiums: $390,549 (2022) | $453,285 (2023) Multi-families: $503,267 (2022) | $486,230 (2023) Homes Listed For Sale: T he number of homes listed is down by 0.5% Additionally, the number of homes listed is down 0.5%. when compared to September 2022.

Sellers 49

Sellers Real Estate Buyers Realty 49

Lamacchia Realty

MARCH 28, 2023

However, the sooner you list your home, the more you will sell it for versus waiting a few more months. Right now, inventory is near its lowest, but there are serious buyers in the market looking to purchase. Once inventory starts to rise, that advantage weakens. Sellers, pricing your home right is crucial in this market.

Sellers 62

Sellers Inventory Buyers Real Estate 62

Lamacchia Realty

FEBRUARY 22, 2023

Additionally, listings and pendings are down from January 2022 as many ‘ would-be sellers ’ are choosing to stay in their current home with a low mortgage rate (e.g., Most will either renovate or expand their homes rather than sell. In this ever-evolving economic climate, staying informed and knowing all your options is key!

Real Estate 64

Real Estate Sellers Contracts Buyers 64

Lamacchia Realty

OCTOBER 19, 2023

Additionally, the number of homes listed is down 12%. Inventory levels are struggling to keep up with buyer demand in the market which means there are fewer available homes for buyers to choose from. Timing is everything, and to be successful in this market you need to be prepared and informed!

Sellers 53

Sellers Real Estate Buyers Realty 53

Lamacchia Realty

APRIL 24, 2023

Sellers, you should be listing your home NOW to get the most money ! Currently, buyers are facing a lack of inventory, even more so in Connecticut where year-over-year inventory is at its lowest level since 2017! Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 45

Sellers Buyers Inventory Real Estate 45

Lamacchia Realty

JULY 25, 2023

This can generally be attributed to sellers hesitating to put their homes on the market as they do not want to lose their low 2-3% mortgage rates from the pandemic. As such, inventory is battling to keep up with the buyer demand that is currently in the market.

Sellers 47

Sellers Real Estate Buyers Realty 47

Lamacchia Realty

JANUARY 24, 2024

Single families: $495,033 (2022) | $552,578 (2023) Condominiums: $296,066 (2022) | $319,672 (2023) Homes Listed For Sale: T he number of homes listed is down by 1.2% 2023: 1,661 2022: 1,681 2021: 2,315 Pending Home Sales: The number of homes placed under contract is down by 2.1% when compared to December 2022.

Sellers 36

Sellers Real Estate Buyers Realty 36

Listing Spark

SEPTEMBER 25, 2023

Many have been caught off guard by the spike in rates and are cautiously waiting and hoping for home values to become more affordable. Financially secure homeowners are firmly anchored to their homes with interest rates at 3% or 4%, and they are unwilling to trade that security in an uncertain market for rates north of 7%.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

JULY 25, 2023

Fewer listings can mainly be attributed to sellers hesitating to put their homes on the market as they do not want to lose their low 2-3% mortgage rates from the pandemic. As such, inventory is struggling to rise enough to keep up with the buyer demand that is currently in the market. when compared to June 2022.

Sellers 45

Sellers Real Estate Buyers Realty 45

Eppraisal

SEPTEMBER 30, 2021

There is a lot of competition when buying a home nowadays. The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. One of the terms buyers are writing into their offers is that they are willing to purchase the homes "as is."

Inspection 36

Inspection Sellers Contracts Real Estate 36

Lamacchia Realty

APRIL 24, 2023

This stat is not due to a lack of buyers, but rather a lack of sellers as many are hesitating to list their homes. Sellers, list your home NOW for the most money ! Right now, the number of active buyers compared to available inventory is unbalanced, tipping in the favor of sellers. when compared to March 2022.

Sellers 56

Sellers Buyers Inventory Real Estate 56

Lamacchia Realty

JULY 25, 2023

The low number of listings can mainly be attributed to sellers hesitating to put their homes on the market as they do not want to lose their low 2-3% mortgage rates from the pandemic. As such, inventory is struggling to rise enough to keep up with the buyer demand that is currently in the market. when compared to June 2022.

Sellers 46

Sellers Real Estate Buyers Realty 46

Lamacchia Realty

JANUARY 24, 2024

Single families: $527,757 (2022) | $539,922 (2023) Condominiums: $417,970 (2022) | $452,000 (2023) Multi-families: $462,542 (2022) | $475,035 (2023) Homes Listed For Sale: T he number of homes listed is up by 1.5% 2023: 799 2022: 787 2021: 996 Pending Home Sales: The number of homes placed under contract is up by 10.9%

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JANUARY 24, 2024

Single families: $649,342 (2022) | $675,591 (2023) Condominiums: $587,796 (2022) | $617,609 (2023) Multi-families: $639,045 (2022) | $611,709 (2023) Homes Listed For Sale: T he number of homes listed is down by 6.5% 2023: 2,367 2022: 2,531 2021: 3,462 Pending Home Sales: The number of homes placed under contract is down by 3.3%

Sellers 36

Sellers Real Estate Buyers Realty 36

Chicagoland Appraisal Blog

JULY 13, 2017

I wrote a blog post titled 4 things you should tell the home appraiser when selling that was meant to be a conversation starter however that has evolved since I wrote it. How often do realtors attend home appraisals? You see realtors have information the paints the picture of current market conditions. What are the takeaways?

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Lamacchia Realty

MARCH 28, 2023

We are starting to see more sellers list their homes, which increases the supply and provides more options for buyers, resulting in less competition in the market. Interestingly in Connecticut, year-over-year inventory levels are at their lowest since 2017 which varies from states like MA and NH. when compared to February 2022.

Sellers 49

Sellers Buyers Inventory Real Estate 49

The Robert Weiler Company

SEPTEMBER 7, 2022

The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. We’ve seen incredible sales numbers, houses selling faster than ever, and a low inventory of new homes.

Marketing 78

Marketing Real Estate Investing Retail 78

Lamacchia Realty

MARCH 28, 2023

February 2023 south florida housing report February Highlights Single family homes sales are significantly down again in Broward, Miami-Dade and Palm Beach counties in February compared to this time last year. Be informed and prepared during this time. Data provided by SunStats then compared to the prior year.

New Listings 49

New Listings Sellers HOA Buyers 49

Appraisal Today

AUGUST 4, 2023

The censorship is part of a march toward what appraiser and podcaster Phil Crawford has coined “universal basic home value” – a utopian vision among idealogues in which government technocrats dictate the supposed value of a property using algorithms and machine learning. Lots more AMC/lender appraisal correction requests.

Appraisal 76

Appraisal Business Contracts Real Estate 76