Birmingham Appraisal

FEBRUARY 6, 2024

A great skill to have for a real estate agent, or anyone in the real estate industry, is the ability to download sales data from your local MLS and import it into a spreadsheet program like Excel or Google Sheets. In my last post, I discussed statistics related to supply and demand.

Inventory 76

Inventory Real Estate Sellers Buyers 76

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market.

Buyers 70

Buyers Inspection Sellers Real Estate 70

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

Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Remember: real estate is hyper-local! Buyers Beware? For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. There’s No Free Lunch.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Cornerstone

MARCH 3, 2021

The goal of pricing your home to sell is to enhance visibility and attract more buyers. Rather than getting locked into a negotiation with a single homebuyer, you can price your home to maximize demand so that more buyers are looking. It may actually repel potential buyers. Work with a skilled real estate agent.

Sellers 55

Sellers Bracketing Buyers Inventory 55