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.

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Housing Market Bracketing Marketing Sellers 61

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.

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Bracketing Marketing Sellers Buyers 59

Appraisal Today

SEPTEMBER 30, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Fannie and Competency, mortgage rates, extraordinary assumptions, vacant l and, unusual homes, mortgage origination stats, etc. in 2007-2008, few appraisers used them. acre property complete with the castle and carriage house is on a riverbank.

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Lamacchia Realty

AUGUST 3, 2021

Buyers have had more money to work with due to the low mortgage rates , and sellers who actually listed their properties were given the pick of the litter in multiple offer situations where most of the time, the homes were selling for over asking. How much do you adjust the price?

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Bracketing Sellers Buyers Inventory 67

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 to develop and report appraisals. What Does This Mean for Appraisers?

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Appraisal Real Estate Agent Agents Real Estate 79

Lamacchia Realty

MARCH 26, 2024

There are factors such as comparable active properties , time of year, recently sold properties in your area, condition of the property, mortgage rates, and current market conditions to take into consideration when pricing a home. Although you’re listing for $7,550 less, you may receive multiple offers which could develop a bidding war.

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Bracketing HOA Sellers Buyers 55

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.

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Marketing Sellers Buyers Real Estate 36