Remove 2007 Remove Market Value Remove Mortgage Remove Open Houses
article thumbnail

Price Adjustments in this New Housing Market

Lamacchia Realty

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. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers. They are right.

article thumbnail

Price Adjustments and the 2023 Market

Lamacchia Realty

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. One of the points they make is about price adjustments. They are right.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Due to the lingering impact of COVID and the log jam it caused in the 2020 spring market , price adjustments were lowest in 2020 and are now even lower in 2021 with supply so tight. The Lamacchia Realty Target Pricing Model has been implemented in the selling process since 2007. One of the points they make is about price adjustments.

article thumbnail

Buyer’s vs. Seller’s Market: How to Tell the Difference

Assurance Financial

Marketing a home in a buyer’s market vs. a seller’s market requires different tactics. In a market that favors buyers, sellers and their realtors have to put in a much greater effort to make their homes stand out through means of social media, open houses, and advertisements.