Remove Bracketing Remove Insurance Remove Inventory Remove Marketing
article thumbnail

2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

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 69
article thumbnail

Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market. Need To Sell?

Insiders

Sign Up for our Newsletter

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

article thumbnail

2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

The housing market around the Greater Boston area is enduring a market climate never seen before as a result of the COVID-19 pandemic. Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since.

Sellers 72
article thumbnail

Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

The Florida real estate market has shifted, and the number of active listings has increased at a much faster rate than the rest of the country over recent months. The cost of home insurance in Florida has surged over the past few years, making it more expensive than the national average.

article thumbnail

2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

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.

Buyers 41