Lamacchia Realty

MARCH 26, 2024

The chart below shows the median time to contract, which is the number of days it takes for the property to be considered off the market. Remember, buyers think in terms of their monthly payments, not the total mortgage cost, so understanding what buyers will need to spend monthly to purchase your home can be advantageous for sellers.

Bracketing 60

Bracketing HOA Sellers Buyers 60

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. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Houston Properties

JANUARY 13, 2021

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. In addition, mortgage rates are at an all-time low. Some companies are offering 30-year fixed-rate mortgages for less than 2.3%.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68