Lamacchia Realty
MARCH 26, 2024
As you can see in the chart below, Florida has the highest shift in rising inventory over the past twelve months. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023. Source Inventory rises when more sellers are listing than buyers are buying.
Lamacchia Realty
OCTOBER 25, 2023
PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would.
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CA Realty Training
MARCH 15, 2021
In essence, it provides agents with an inventory of properties. How to Find Open Houses on the MLS. Another great feature of the MLS is the Open Houses section. . You can see all the properties that are holding an Open House in that area and take your buyer to preview those homes without an appointment.
Lamacchia Realty
JANUARY 4, 2022
Obtain a mortgage pre-approval before going into any open house. Settling Because You Think There’s Nothing Better In a typical year, the inventory of homes on the market fluctuates as the year progresses. In 2021, buyers continued to see low inventory and high demand and as we head into 2022, we will see much of the same thing.
Lamacchia Realty
JUNE 21, 2022
In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.
Lamacchia Realty
OCTOBER 13, 2021
Open minds are key. It is the age of technology, so most buyers see lots of homes online before ever setting foot in an open house or a private showing. While we’ve seen some relief from historically low inventory levels from last year through this past spring, buyers are still dealing with higher competition.
Lamacchia Realty
JUNE 21, 2021
For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. It was rare to find a properly priced home for sale that wasn’t receiving multiple over-asking offers after a mobbed open house. This means that more inventory is lingering on the market now that more homes are being listed.
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