Lamacchia Realty

FEBRUARY 27, 2024

JANUARY 2024 rhode island housing report RHODE ISLAND Home Sales Down, Average Price Up Home sales are down 7.3% year over year, with January 2024 at 636 compared to 686 last January. when compared to January 2023 2024: 989 2023: 953 2022: 1,098 Pending Home Sales: The number of homes placed under contract is up by 9.1%

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Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

NOVEMBER 29, 2023

2024 Loan Limits Increase by $40,000 FHFA announced yesterday that in 2024 the conforming loan limits will rise by $40,000 to $766,550 compared to $726,200 in 2023 for single-family/one-unit properties. This is the base number, as higher-priced homes and regions will have higher limits based on average home prices in the area.

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Realty Law Home Value Government 68

Housing Wire

JANUARY 25, 2023

It will take all of this year and into 2024 for it to come back down to the Fed’s target. Inventory What does that mean for housing? We can also expect low housing demand, which favors buyers. Since the COVID-19 pandemic lockdowns of 2020, inventory has dropped to record-low levels both in 2021 and 2022.

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Housing Market Marketing Inventory Sellers 408

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. 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. trillion compared to $2.75

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Housing Wire

MAY 9, 2022

This was my best attempt to convince the housing bubble boys that what they believed in is more fabrication than reality before the years 2020-2024. It’s now evident that housing did not collapse and in fact home prices are savagely unhealthy. housing market is more tied to mortgage buyers. In addition, the U.S.

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Buyers Housing Market Mortgage Marketing 525

Empire Appraisal Group

JANUARY 25, 2024

Buyers are winning in Broward as its more affordable at $585,000. Inventory is up in both counties which is what the market needs desperately. Townhouses and Condos are still the most affordable options for buyers with median prices nearly 50% less than single family homes. What will the market look like in 2024?

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Marketing Valuation Inventory Buyers 78

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Housing Wire

FEBRUARY 8, 2024

Remember — most of the time, buyers and sellers may not be actively looking for your services, but when they are, real estate farming ensures you are always top of mind. Because there are fewer homes per square acre and buyers typically tend to own their homes for more extended periods in such neighborhoods.

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Real Estate Tools Agents Real Estate Agent 307

Eppraisal

MARCH 17, 2023

From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. Prior to COVID, i.e. March of 2020, inventory was already falling. Where Have We Been? Where Do We Stand Now?

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Supply Chain Home Value Inventory Construction 69

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? 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 57

Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

DECEMBER 21, 2023

What does this mean for Buyers ? An increase in active inventory as well as new listings is great news for buyers! Inventory has struggled to keep up with relentless buyer demand, especially in South Florida , so more options could lead to less competition and a stabilization or even reduction of prices.

New Listings 53

New Listings Real Estate Inventory Sellers 53

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Even though inventory levels are increasing, they aren’t increasing 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.

Real Estate 63

Real Estate Sellers Buyers Realtors 63

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Even though inventory levels are increasing, they aren’t increasing 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.

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? South Florida has faced relentless buyer demand throughout 2023, but an increase in active inventory is great news for buyers as more options could lead to less competition and a stabilization or even reduction of prices. What’s next?

New Listings 36

New Listings Sellers Real Estate Buyers 36

Will Springer Realtor

AUGUST 11, 2023

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. homes shy of what’s needed today. An index score of 100 means that a buyer with a median U.S.

Buyers 36

Buyers Development Construction New Listings 36

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? During this time of year, we typically see buyer activity slow given the holidays and weather. If you are a serious buyer who is ready to buy this winter, make sure you take the necessary steps to prepare before starting the search to make sure you are set up for success! What’s next?

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? During this time of year, we typically see buyer activity slow given the holidays and weather. If you are a serious buyer who is ready to buy this winter, make sure you take the necessary steps to prepare before starting the search to make sure you are set up for success! What’s next?

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? During this time of year, we typically see buyer activity slow given the holidays and weather. If you are a serious buyer who is ready to buy this winter, make sure you take the necessary steps to prepare before starting the search to make sure you are set up for success! What’s next?

Sellers 36

Sellers Real Estate Buyers Realty 36

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. Seize the moment to leverage the increased inventory and negotiate favorable prices.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

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

Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. But … home price growth will decelerate in the coming year, experts predict. Why home price growth will slow.

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Inventory Housing Market Construction Real Estate 78

Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. 14 nationally with 5.5%

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Mortgage Real Estate Law Lending 36

Appraisal Today

JUNE 10, 2022

The latest Zillow Home Price Expectations Survey1 polled more than 100 experts from academia, government and the private sector to gather their opinions on the state of the housing market and future growth, inflation forecasts and recession risks. “Americans have seen home values rise at record rates over the past few years.

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Appraisal Contracts Business Mortgage 52

Appraisal Today

MAY 19, 2023

Purchase applications decreased 5 percent to its slowest pace in a month, as buyers remain wary of this rate volatility, but also as for-sale inventory in many parts of the country remains scarce. percent,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist.

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Appraisal Business Contracts Real Estate 52