Remove 2007 Remove Bracketing Remove Contracts Remove Open Houses
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Price Adjustments in this New Housing Market

Lamacchia Realty

That’s because fewer homes are being placed under contract. If you don’t have any requests for showings and if an open house yields an underwhelming crowd, you should review your list price and lower it to attract more buyers. The Lamacchia Realty Target Pricing Model has been implemented in the selling process since 2007.

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Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

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. A lack of showing requests or a poor turnout at an open house signals it might be time to reconsider and reduce your listing price to draw more interest.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

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. Put another way, the 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. So, what did they do?