Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. one of the nation’s largest homebuilders, recently offering to sell some 5,000 homes to investors in the SFR market, according to a Bloomberg report. That compares with a 17.4%

Housing Market 544

Housing Market Marketing Construction Development 544

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 52

Inventory Sellers Real Estate Buyers 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 50

Sellers Real Estate Inventory Buyers 50

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 58

Sellers Real Estate Buyers Inventory 58

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 ?

Real Estate 63

Real Estate Sellers Buyers Realtors 63

Eppraisal

OCTOBER 19, 2021

This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing. There are many instances nowadays where a house doesn't appraise for the price on the contract.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

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 58

Sellers Real Estate Buyers Inventory 58

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 62

Sellers Real Estate Buyers Inventory 62

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 62

Sellers Buyers Inventory Real Estate 62

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 56

Real Estate Sellers Buyers Realtors 56

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 69

Sellers Inventory Buyers Real Estate 69

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 56

Sellers Real Estate Buyers Inventory 56

Lamacchia Realty

MARCH 28, 2023

Many sellers are hesitating to list their homes to keep their low, pandemic mortgage rate, but we are starting to see an increase in homes listed meaning more options and therefore less competition in the 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.

Sellers 51

Sellers Inventory Buyers Real Estate 51

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 55

Sellers Real Estate Buyers Inventory 55

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% 2023: 2,991 2022: 3,230 2021: 4,529 Data provided by SmartMLS then compared to the prior year. when compared to October 2022. What does this mean for Buyers ?

Sellers 58

Sellers Real Estate Buyers Inventory 58

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% Many sellers are hesitating to list their homes which is contributing to the low inventory levels.

Sellers 52

Sellers Real Estate Buyers Inventory 52

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 51

Sellers Buyers Inventory Real Estate 51

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 53

Sellers Real Estate Buyers Realty 53

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 62

Sellers Buyers Inventory Real Estate 62

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% 2023: 2,965 2022: 3,415 2021: 4,457 Data provided by SmartMLS then compared to the prior year. Additionally, the number of homes listed is down 9.8%.

Sellers 60

Sellers Real Estate Buyers Realty 60

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% What’s next?

Sellers 36

Sellers Real Estate Buyers Realty 36

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 50

Sellers Real Estate Buyers Realty 50

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. Homes sales reached 14,210 in May 2022, a 1.8% increase from the May 2021 sales level of 13,955.

Marketing 78

Marketing Real Estate Investing Retail 78

Lamacchia Realty

OCTOBER 19, 2023

2023: 5,566 2022: 6,542 2021: 8,936 Price Reductions: The number of price reductions is down 35.3% 2023: 561 2022: 867 2021: 903 Data provided by Warren Group & MLSPIN then compared to the prior year. Average sales price has increased 5.2%. Additionally, the number of homes listed is down 12%.

Sellers 60

Sellers Real Estate Buyers Realty 60

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 52

Sellers Real Estate Buyers Realty 52

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

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% 2023: 1,645 2022: 1,856 2021: 2,352 Data provided by NEREN then compared to the prior year.

Sellers 54

Sellers Real Estate Buyers Realty 54

Eppraisal

NOVEMBER 30, 2021

Housing starts increased right along with home values in 2021. According to a release from census.gov on November 17, 2021, housing starts were 0.4 This is partly due to the shortage of available housing inventory this year. percent above the October 2020 rate. It's an exciting appointment.

Contracts 36

Contracts Home Value Design Development 36

Lamacchia Realty

FEBRUARY 22, 2023

The key to selling your home quickly and for the most money will be pricing your home competitively for this current market. Average prices have increased slightly year over year as predicted even with increased mortgage rates and increased inventory (i.e., less demand, more supply). over last January’s $354,300.

Real Estate 70

Real Estate Sellers Contracts Buyers 70

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. The debt level, both current and anticipated in 2021, is worrisome. We believe the bill won’t come due in 2021 and potentially not in 2022 either.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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

Eppraisal

APRIL 20, 2021

Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. With limited inventory, home values are on the rise.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

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 53

Sellers Buyers Inventory Real Estate 53

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. He provides advice on pricing homes and how to negotiate, as well as what to expect for the rest of 2023.

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. It was an inevitable end to arguably the greatest run-up in home values in history. trillion in 2021. Some markets were affected more than others.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Eppraisal

MAY 12, 2021

This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes. NAR statistics cite that across the country the average number of offers on an existing home is between two and six. According to Zillow.com the average home value will rise as high as 13.5%

Sellers 67

Sellers Real Estate Buyers Home Value 67

Eppraisal

OCTOBER 2, 2021

The real estate markets in 2020 and so far in 2021 have been like no other. The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Home prices continue to increase and sellers are reaping the rewards of quick sales. You are likely to receive multiple offers on your home.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36