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 65

Bracketing Marketing Sellers Buyers 65

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 65

Housing Market Bracketing Marketing Sellers 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 79

Inventory Real Estate Sellers Buyers 79

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 68

Bracketing Sellers Buyers Inventory 68

Cornerstone

MARCH 3, 2021

percent above 2020 levels, decelerating steadily through the spring and summer, and then gradually reaccelerating toward the end of the year.”. The goal of pricing your home to sell is to enhance visibility and attract more buyers. It may actually repel potential buyers. Why’s it so important to price your house right?

Sellers 55

Sellers Bracketing Buyers Inventory 55

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.

Sellers 72

Sellers Buyers Inspection Bracketing 72

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.

Buyers 41

Buyers Sellers Inspection Bracketing 41