Lamacchia Realty

JANUARY 31, 2024

2023 SOUTHINGTON Real Estate Market Recap Southington home sales decreased by 15.5% One of the biggest factors affecting inventory levels in 2023 was listings as they were the lowest since 2009 in Connecticut. as there were 512 sales in 2023 compared to 606 in 2022. Average price increased by 6.9%

Inventory 55

Inventory Real Estate Housing Market Realty 55

DW Slater Company

JANUARY 30, 2023

Sellers have been in charge as buyer demand was fueled by historically low mortgage interest rates. Inventory is down from the previous month but up from the same time last year. We will continue to follow all that is happening in real estate. As we look at the housing market for 2022, a clear shift has occurred.

Housing Market 122

Housing Market Marketing Real Estate Appraisal 122

Housing Wire

JULY 1, 2021

Hubzu for Signature Seller Assisted Sale (SSAS), standard short sale, foreclosure and ultimately REO management and sales) that can perform well, no matter the volume. TB: Some of the biggest challenges are pent-up default inventory leading to a myriad of potential bottlenecks in the default servicing process.

Inventory 222

Inventory Sellers Training Real Estate 222

McKissock

AUGUST 9, 2021

Mike McElroy has been in the real estate business for seven years. After working for a time at a Chicago radio station, he got his first real estate job in 2009. How does Mike find success with his Millennial real estate clients ? Who’s got a good real estate agent I can talk to?”

Clients 96

Clients Real Estate Real Estate Agent Client Relationships 96

Lamacchia Realty

DECEMBER 28, 2022

Though real estate markets can vary from one local market to another, the majority of the overarching market trends are happening everywhere on a grander scale right now. At that time we had an extreme overabundance of sellers and not enough motivated buyers. That is an extraordinary statistic and has kept inventory very low.

Sellers 78

Sellers Buyers Real Estate Inventory 78

Listing Spark

DECEMBER 15, 2022

What to expect in the real estate market at the end of 2022. So obviously you know, back in 2009 and 2010 when we started doing owner finance and the markets, you know, you couldn’t flip a house or anything. We’re seller direct. But basically, you know, we do seller direct marketing.

Finance 36

Finance Investing Real Estate Lending 36

Annarbor Appraisal

APRIL 9, 2020

This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. On 3/23/20, Governor Gretchen Whitmer announced a “stay at home” order affecting all non-essential businesses, which included real estate showings. On this date, our world changed even further.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Damned if you do, damned if you don’t has become the new normal in the real estate appraisal profession.

Appraisal 80

Appraisal Contracts Insurance Construction 80

Will Springer Realtor

JULY 11, 2023

The slippage in listings under contract – which is currently at the third-slowest annual pace this century (after 2008 and 2009) – is a barometer for future sales. While the largest chunk of real estate activity – resales – is moving more slowly, new construction is taking over a larger percentage of the action.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. months’ inventory (or 17 days of supply if not replenished with new listings), and only 0.4 Then the housing bubble burst.

Housing Market 36

Housing Market Marketing Inventory New Listings 36