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

DECEMBER 19, 2023

The number of homes listed increased by 5.7% Mortgage rates in November fell from the October highs, coming down to the low 7s towards the end of the month, per Mortgage News Daily. In fact, Hartford, CT saw the largest year-over-year increase in home prices amongst the 50 largest U.S. What does this mean for Sellers ?

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

NOVEMBER 29, 2022

High-cost areas, where 115% of the median home value is higher than the loan limit, will rise to $1,089,300- the first time ever that the limit has exceeded a million dollars. Fannie and Freddie’s loan limits “need to keep pace with home prices to address affordability,” said Anthony Lamacchia.” Seller Resources.

Real Estate Agent 69

Real Estate Agent Realty Home Value Buyers 69

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 connecticut 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 58

Sellers Real Estate Inventory Buyers 58

Lamacchia Realty

OCTOBER 19, 2023

2023: 561 2022: 867 2021: 903 Data provided by Warren Group & MLSPIN then compared to the prior year. Additionally, the number of homes listed is down 12%. Mortgage rates continued to trend upward through the month of September. Knowing your mortgage options and keeping your preapprovals updated will help in your search.

Sellers 60

Sellers Real Estate Buyers Realty 60

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% Mortgage rates continued to trend upward through the month of September. What does this mean for Sellers ?

Sellers 54

Sellers Real Estate Buyers Realty 54

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 massachusetts 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 57

Sellers Real Estate Inventory Buyers 57

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $653,286 (2022) | $702,935 (2023) Condominiums: $597,287 (2022) | $623,028 (2023) Multi-families: $605,432 (2022) | $671,070 (2023) Homes Listed For Sale: T he number of homes listed is up slightly by 0.02% when compared to October 2022. In Massachusetts, the number of homes sold is down 14.3% What’s next?

Sellers 65

Sellers Real Estate Buyers Inventory 65

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 south florida housing report July Highlights Mortgage rates and limited inventory continue to be the driving factors behind today’s real estate market data – specifically sticking out when looking at home sales and new listings which are both down across all counties and categories in South Florida.

New Listings 54

New Listings Inventory Real Estate Sellers 54

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

FEBRUARY 27, 2024

Even though South Florida is a popular market for cash sales – allowing the region to be slightly less susceptible to changing mortgage rates – the majority of buyers still use traditional financing. As such, buyer affordability is still diminished due to mortgage rates and increasing home prices.

Inventory 52

Inventory Sellers Real Estate Buyers 52

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% Mortgage rates officially went over 8% in the month of October according to Mortgage News Daily. In Connecticut, the number of homes sold is down 12.1%

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

DECEMBER 19, 2023

The number of homes listed decreased slightly by 0.69% when compared to this time last year. Mortgage rates in November fell from the October highs, coming down to the low 7s towards the end of the month, per Mortgage News Daily. What does this mean for Sellers ? Average sales price increased by 4.5%. What’s next?

Real Estate 63

Real Estate Sellers Buyers Realtors 63

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

JULY 25, 2023

Furthermore, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. 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. Combined sales are down 21.5%

Sellers 53

Sellers Real Estate Buyers Realty 53

Lamacchia Realty

JANUARY 24, 2024

The number of homes listed decreased by 1.2%, and the number of homes that went pending decreased by 2.1% Per Mortgage News Daily , mortgage rates dropped into the mid-6s by the end of the month. What does this mean for Sellers ? Instant Home Evaluation See immediately how this market is impacting your home value.

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. Inevitably, most sellers will have to list their home to accommodate family needs, career, etc. NEW HAMPSHIRE Combined Home Sales Down 15.8%

Sellers 50

Sellers Real Estate Buyers Realty 50

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. Inevitably, most sellers will have to list their home to accommodate family needs, career, etc. Combined sales are down 18.6%

Sellers 52

Sellers Real Estate Buyers Realty 52

Lamacchia Realty

OCTOBER 20, 2023

Additionally, mortgage rates continued to trend upward through the month of September. Generally, buyer demand is strong despite ongoing affordability issues caused by mortgage rates, inflation, etc., What does this mean for Sellers ? In these instances, pricing your home competitively will be crucial to attract the most buyers.

New Listings 56

New Listings Real Estate Sellers Inventory 56

Lamacchia Realty

MARCH 28, 2023

Economic factors , chiefly rising inflation, continue to severely impact consumer sentiment and spending, especially as mortgage rates rem ain increased. In February, mortgage rose to the high 6%s, and even went over 7% in early March. Remember, bad for the economy usually translates to good for the housing market and mortgage rates.

Sellers 69

Sellers Inventory Buyers Real Estate 69

Lamacchia Realty

DECEMBER 19, 2023

The number of homes listed increased by 7.3% Mortgage rates in November fell from the October highs, coming down to the low 7s towards the end of the month, per Mortgage News Daily. Make sure you are staying prepared with updated preapprovals and informed regarding your different mortgage options. What’s next?

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Lamacchia Realty

JANUARY 24, 2024

The number of homes listed increased by 1.5%, and the number of homes that went pending increased by 10.9% Per Mortgage News Daily , mortgage rates dropped into the mid-6s by the end of the month. What does this mean for Sellers ? Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JANUARY 24, 2024

The number of homes listed decreased by 6.5%, and the number of homes that went pending decreased by 3.3% Per Mortgage News Daily , mortgage rates dropped into the mid-6s by the end of the month. What does this mean for Sellers ? Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

NOVEMBER 9, 2022

With interest rates nearly doubled since January, you may be hesitant to sell your current home and give up your low-rate mortgage for a higher, new mortgage. However, this rise in interest rates is in turn slowing down the growth of property values which can potentially benefit buyers. Looking For Your Dream Home?

Marketing 57

Marketing Realty Buyers Realtors 57

Lamacchia Realty

APRIL 24, 2023

Mortgage rates continue to keep consumers and experts on their toes. In March, mortgage interest rates started at around 7% , but came down as the month went on. Economic factors such as inflation, major bank crises, as well as monetary policy will continue to dictate the mortgage rate landscape as spring rolls on.

Sellers 62

Sellers Buyers Inventory Real Estate 62

Lamacchia Realty

APRIL 24, 2023

Economic factors such as inflation, major bank crises, as well as monetary policy will continue to impact mortgage rates as spring rolls on – keeping consumers and experts alike on the edge of their seats. Mortgage interest rates started at around 7% in March, but lowered as the month went on. when compared to March 2022.

Sellers 62

Sellers Buyers Inventory Real Estate 62

Lamacchia Realty

JULY 25, 2023

In fact, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. Many potential sellers are hesitating to list their homes to avoid losing their 2-3% pandemic-era mortgage rate. downsizing, growing families, career changes, divorce , etc.).

Sellers 49

Sellers Buyers Real Estate Inventory 49

Lamacchia Realty

DECEMBER 21, 2023

The number of new listings as well as average sale price has increased for single family homes and condos/townhomes across all three counties. Mortgage rates in November fell from the October highs, coming down to the low 7s towards the end of the month, per Mortgage News Daily. What does this mean for Sellers ?

New Listings 53

New Listings Real Estate Inventory Sellers 53

Lamacchia Realty

NOVEMBER 27, 2023

Mortgage rates officially went over 8% in the month of October according to Mortgage News Daily. Home sales in South Florida are down slightly, just 2% when compared to this time last year. Not only is affordability a concern for buyers given current mortgage rates, inflation, etc., What does this mean for Sellers ?

New Listings 50

New Listings Sellers Real Estate Inventory 50

Lamacchia Realty

MARCH 28, 2023

Rising inflation and other economic factors are having a severe impact on consumer sentiment and spending, especially since mortgage rates rose to over 6%, and even exceeded 7% in early March. Despite the wider economic struggles, this is good news for the housing market and mortgage rates. CONNECTICUT Home Sales Down 25.3%

Sellers 53

Sellers Buyers Inventory Real Estate 53

Lamacchia Realty

JANUARY 24, 2024

Per Mortgage News Daily , mortgage rates dropped into the mid-6s by the end of the month. What does this mean for Sellers ? Many sellers think they need to wait until spring or summer to list their home, but listing in the winter has many benefits and ultimately could get you more for your home !

New Listings 36

New Listings Sellers Real Estate Buyers 36

Housing Wire

JULY 25, 2023

. “It can’t be my forever home if I can’t afford it.” According to Sandy Williams, an eXp Realty agent in Sarasota, homeowners’ insurance costs have doubled for many in her metro area ( flood insurance costs have also risen dramatically). “I

Insurance 338

Insurance Housing Market Marketing Agents 338

Lamacchia Realty

MARCH 28, 2023

Economic factors , such as rising inflation and increased mortgage rates, are significantly impacting consumer sentiment and spending. However, mortgage rates have fallen from their recent highs and are expected to continue doing so in the coming weeks. If your home is sitting on the market, the first thing to evaluate is price!

Sellers 51

Sellers Inventory Buyers Real Estate 51

Lamacchia Realty

APRIL 24, 2023

Mortgage rates continue to keep consumers and experts busy as economic factors such as inflation, major bank crises, as well as monetary policy continue to play a huge role in the story through the spring months. Sellers, you should be listing your home NOW to get the most money ! when compared to March 2022.

Sellers 51

Sellers Buyers Inventory Real Estate 51

Lamacchia Realty

MARCH 28, 2023

February 2023 south florida housing report February Highlights Single family homes sales are significantly down again in Broward, Miami-Dade and Palm Beach counties in February compared to this time last year. Sellers, the sooner you put your home on the market, the more it will sell for !

New Listings 56

New Listings Sellers HOA Buyers 56

Lamacchia Realty

FEBRUARY 21, 2023

Essentially, this means that half the time, Zillow’s home value estimates are within 7.49% of the actual value. In a world where buyers and sellers are already skeptical of real estate agents, Zillow only makes things harder for them, therefore causing conflict and distrust.

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Lamacchia Realty

FEBRUARY 22, 2023

.” – Anthony Lamacchia, Broker/Owner The New England housing market is off to a slow start in 2023 with home sales down about 30% in January 2023 compared to this time last year. Nationally, the National Association of REALTORS® (NAR) reports that existing home sales are down 36.9% over this time last year from 6.34 million to 4.00

Real Estate 70

Real Estate Sellers Contracts Buyers 70