Lamacchia Realty

DECEMBER 24, 2024

Despite market challenges, constrained inventory and high demand continue to drive prices up. This change helps buyers access higher loan amounts to keep pace with rising home values. Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 69

Real Estate Home Value Sellers Buyers 69

Lamacchia Realty

DECEMBER 24, 2024

Despite market challenges, constrained inventory and high demand continue to drive prices up. This change helps buyers access higher loan amounts to keep pace with rising home values. Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 68

Real Estate Home Value Sellers Buyers 68

Lamacchia Realty

MARCH 26, 2025

Here is a guide on what to keep in mind when pricing a home. Buyers, with spring just around the corner, a wave of new inventory will soon be available on the market. Here are 8 essential steps to take before purchasing your first home to ensure you’re ready to make a confident and informed decision.

Sellers 61

Sellers Real Estate Buyers Home Value 61

Lamacchia Realty

DECEMBER 8, 2021

In certain high-cost areas, which is defined as an area where 115% of the median home value is exceeds the baseline conforming loan limit, the limit will now be $970,800. home price. Why are Home Prices so high? The post New Loan Limits set for 2022 appeared first on Lamacchia Realty. Buyer Resources.

Buyers 78

Buyers Inventory Home Value Realty 78

Lamacchia Realty

JULY 31, 2024

Learn More About the Chelmsford, MA Community 2024 CHELMSFORD, MA Housing Market Outlook The first half of the year is traditionally a seller’s market characterized by low inventory and high buyer demand. This dynamic often leads to bidding wars and upward pressure on home prices.

Real Estate 74

Real Estate Buyers Home Value Realty 74

Lamacchia Realty

JULY 31, 2024

Consequently, the latter part of the year tends to favor buyers with increased inventory and reduced competition. 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 73

Real Estate Buyers Home Value Realty 73

Lamacchia Realty

JULY 31, 2024

This shift tends to create a more favorable market for buyers in the latter half of the year with increased inventory and reduced competition. To attract buyers in this shifting market, sellers may need to adjust their pricing.

Real Estate 73

Real Estate Buyers Home Value Realty 73

Lamacchia Realty

NOVEMBER 29, 2023

Loan limit increases are correlated to rising prices- the national average home sale price rose by 5.56% which helped determine the 5.5% The rise in prices in 2023 despite the changing market, inflation, and global uncertainty was due to constrained inventory and high demand. increase in limits for 2024.

Realty 74

Realty Law Home Value Government 74

Lamacchia Realty

SEPTEMBER 25, 2024

This situation is leading to more properties being listed, and a decrease in pending sales, which in turn is raising inventory. With inventory rising, and demand decreasing the average selling price of single-family homes and townhomes/condos is experiencing a decline.

Real Estate 73

Real Estate Inventory Sellers Buyers 73

Lamacchia Realty

JANUARY 24, 2025

The Connecticut housing market in December showed impressive growth compared to 2023, with increases in home sales, average sale prices, and pending transactions. However, new listings were down, resulting in lower inventory and increased competition among buyers. As 2025 begins, the housing market still faces low inventory.

Inventory 68

Inventory Real Estate Sellers Buyers 68

Lamacchia Realty

JULY 31, 2024

Consequently, the latter part of the year tends to favor buyers with increased inventory and reduced competition. Given the ever-evolving 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 68

Real Estate Buyers Home Value Realty 68

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 68

Real Estate Buyers Sellers Home Value 68

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 67

Real Estate Buyers Sellers Home Value 67

Lamacchia Realty

OCTOBER 25, 2024

As inventory grows, sellers may need to adjust prices , leading to a more moderate market pace that benefits buyers looking for more affordability. Sellers , It is important to remember that homes do sell during the holidays , often to highly motivated buyers. According to Mortgage News Daily , mortgage rates dropped to 6.1%

Sellers 74

Sellers Real Estate Buyers Inventory 74

Lamacchia Realty

FEBRUARY 22, 2022

It shows how a home valued at $500,000 with a 20% down payment will cost monthly at a mortgage rate of 3.0% compared to that same home, 10% higher in cost with a mortgage rate increase to 3.75%- a $352 a month increase on top of needing to put $10,000 more down. That’s the cost of waiting.

Mortgage 74

Mortgage Home Value Realty Inventory 74

Lamacchia Realty

OCTOBER 25, 2024

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 , It is important to remember that homes do sell during the holidays , often to highly motivated buyers. According to Mortgage News Daily , mortgage rates dropped to 6.1%

Sellers 71

Sellers Real Estate Buyers Inventory 71

Lamacchia Realty

OCTOBER 25, 2024

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 , It is important to remember that homes do sell during the holidays , often to highly motivated buyers. in September and remained within the 6.1%

Sellers 74

Sellers Real Estate Buyers Inventory 74

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 south florida housing report July Highlights Mortgage rates and limited inventory continue to be the driving factors behind today’s real estate market data – specifically sticking out when looking at home sales and new listings which are both down across all counties and categories in South Florida. compared to July 2022.

Inventory 69

Inventory New Listings Real Estate Sellers 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 64

Real Estate Buyers Sellers Home Value 64

Lamacchia Realty

JANUARY 24, 2025

The New Hampshire housing market in December demonstrated significant strength compared to 2023, with home sales, average sale prices, and pending transactions all on the rise. Despite this, new listings have declined, leading to reduced inventory and heightened competition among buyers. Buyers will need to make competitive offers.

Real Estate 65

Real Estate Inventory Sellers Buyers 65

Lamacchia Realty

JANUARY 24, 2025

As 2025 begins, the housing market still faces low inventory. After record-low inventory in 2023 and hesitant sellers in 2024, inventory is slightly higher this year, but competition remains fierce. Buyers must be ready to make strong offers when the right home comes up.

Real Estate 67

Real Estate Sellers Inventory Buyers 67

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. Due to the Federal Reserve’s recent 0.5% rate cut, we can anticipate a potential further decline as the year progresses.

Real Estate 73

Real Estate Sellers Buyers Housing Market 73

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. Due to the Federal Reserve’s recent 0.5% rate cut; we can anticipate a potential further decline as the year progresses.

Real Estate 73

Real Estate Sellers Buyers Housing Market 73

Lamacchia Realty

FEBRUARY 17, 2025

In Maine, home sales and prices are climbing, and more homes are being listed, giving buyers more choices. Still, the market is competitive, with prices rising and inventory expanding. In this current market, with interest rates still high and competition remaining strong, maximizing your homes value is more important than ever.

HOA 65

HOA Real Estate Home Value Sellers 65

Lamacchia Realty

JULY 29, 2024

Listings have slightly improved in volume so far this year by 1.9%, which contributes to the rise in inventory in CT. As of June 2024, inventory is finally reaching levels higher than last year (yellow line in the graph to the right) after starting the year with the lowest levels since 2017. and multis are up by 17.4%.

Inventory 74

Inventory Sellers Buyers Real Estate 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. Due to the Federal Reserve’s recent 0.5% rate cut, we can anticipate a potential further decline as the year progresses.

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. Due to the Federal Reserve’s recent 0.5% rate cut, we can anticipate a potential further decline as the year progresses.

Real Estate 73

Real Estate Sellers Buyers New Listings 73

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. Due to the Federal Reserve’s recent 0.5% rate cut, we can anticipate a potential further decline as the year progresses.

Real Estate 73

Real Estate Sellers Buyers Home Value 73

Lamacchia Realty

OCTOBER 25, 2024

Sellers , It is important to remember that homes do sell during the holidays , often to highly motivated buyers. Listing your home now can provide a competitive edge with less inventory and greater visibility for your property. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 73

Sellers Real Estate Buyers Home Value 73

Lamacchia Realty

OCTOBER 25, 2024

Sellers , It is important to remember that homes do sell during the holidays , often to highly motivated buyers. Listing your home now can provide a competitive edge with less inventory and greater visibility for your property. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 73

Sellers Real Estate Buyers Home Value 73

Lamacchia Realty

NOVEMBER 26, 2024

Similar to the national trend, New Hampshire saw increases in both home sales and prices compared to last year Home sales increased both before and after the election, most likely due to strong local demand and steady market conditions. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 69

Sellers Real Estate Buyers Inventory 69

Lamacchia Realty

JANUARY 24, 2025

As 2025 begins, the housing market still faces low inventory. After record-low inventory in 2023 and hesitant sellers in 2024, inventory is slightly higher this year, but competition remains fierce. Buyers must be ready to make strong offers when the right home comes up.

Real Estate 64

Real Estate Inventory Sellers Buyers 64

Lamacchia Realty

JANUARY 24, 2025

As we enter 2025, the housing market still faces low inventory. After a historically low inventory in 2023 and hesitant sellers in 2024, competition remains tough this year. Instant Home Evaluation See immediately how this market is impacting your home value. Buyers need to be prepared to act quickly.

Real Estate 67

Real Estate Sellers Buyers Inventory 67

Lamacchia Realty

JULY 31, 2024

Consequently, the latter part of the year tends to favor buyers with increased housing inventory and reduced competition. Given the ever-evolving 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 60

Real Estate Buyers Home Value Realty 60

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 connecticut 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.

Sellers 69

Sellers Real Estate Inventory Buyers 69

Lamacchia Realty

JANUARY 24, 2025

With 2025 underway, the housing market continues to struggle with low inventory. Following record-low inventory in 2023 and cautious sellers in 2024, competition is still fierce this year. Buyers need to act fast when the right home comes along. Heres how to win in a bidding war and secure your dream home.

Real Estate 65

Real Estate Sellers Inventory Buyers 65

Lamacchia Realty

DECEMBER 19, 2023

The number of homes listed increased by 5.7% Inventory levels in Connecticut are not increasing nearly enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. cities per the Zillow Home Value Index.

Real Estate 73

Real Estate Sellers Home Value Buyers 73