Lamacchia Realty
JUNE 21, 2022
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.
Appraisal Today
SEPTEMBER 30, 2022
in 2007-2008, few appraisers used them. acre property complete with the castle and carriage house is on a riverbank. 2) Believe the Fed about wanting a housing market correction: Look, it’s time to start believing the Fed about wanting to see the housing market reset. When I did them prior to HVCC etc. Excerpts: The 1.76-acre
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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. 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?
Appraisal Today
AUGUST 25, 2023
NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, MLS hacked, appraisers and real estate agents, Humor, unusual homes, mortgage origination == Massive Missouri Lake Winnebago House for $12.6M The average contract interest rate for 15-year fixed-rate mortgages increased to 6.72
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. 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.
Houston Properties
JANUARY 12, 2022
This is anecdotal data, but it supports the Houston real estate market trends we see above: In the aftermath of the 2007/2008 financial crisis, we saw a flight to quality in nearly every asset class. Overall, right now properties are still actively going under contract. Disadvantaged homes sell more slowly or at larger discounts.
Assurance Financial
NOVEMBER 9, 2021
In a market that favors buyers, sellers and their realtors have to put in a much greater effort to make their homes stand out through means of social media, open houses, and advertisements. A prime example of one of these factors creating a buyer’s market was the financial crisis of 2007-2008. Downloadable Guides.
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