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Housing Market Tracker: Inventory falls even lower

Housing Wire

2021: 66,836 2022: 67,567 2023: 49,045 Compare our current new listing data to weekly new listing data in previous years when we had a more normal housing market: 2015: 94,470 2016: 86,608 2017: 78,886 The NAR data going back decades shows how difficult it’s been to get back to anything normal on the active listing side.

Inventory 519
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New planning tool arrives as California prepares for more accessory dwelling units

Housing Wire

A private planning firm in California is launching a new tool to help local governments there prepare for a pending law designed to spur more construction of accessory dwelling units (ADUs). Permit applications for new units in California grew from less than 10,000 in 2017 to an estimated 30,000 in 2022.

Tools 367
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Home prices in opportunity zones show mixed trends in Q1 2024

Housing Wire

Median prices for homes and condominiums in federally designated opportunity zones rose in 49% of areas from fourth-quarter 2023 to first-quarter 2024, according to a report released Thursday by Attom. On a year-over-year basis, however, prices increased in nearly two-thirds of these zones. territories.

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Three yards and a cloud of dust

Housing Wire

Moreover, when it comes to housing Congress talks a good game, but more often takes a hike in the wrong direction. In the 2017 tax bill, caps on state and local tax (SALT) deductions and a boost in the standard deduction eviscerated the mortgage interest deduction, ending its use for all but the wealthiest homebuyers.

Sellers 298
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Study: All-Cash Buyers Pay 10% Less

Empire Appraisal Group

Implications of a liquid housing market edging out many first-time buyers Most first-time home buyers have to finance the purchase with a mortgage and the 10% “cash discount” all-cash buyers receive represents another hurdle in a competitive real estate market. counties from 1980 to 2017.

Buyers 78
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Lamacchia Realty Announces Top Producing REALTORS® for October 2021

Lamacchia Realty

Joselin is a member of the 2017 , 2018 , and 2019 Presidents club as well as being a 2020 President’s Club ELITE member. Eileen is a member of the Lamacchia Realty 2017 , 2018, 2019 , 2020 President’s Club , and the 2020 President’s Club ELITE. She is a member of the 2017 , 2018 , 2019, 2020 , and 2021 President’s Club.

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Lamacchia Realty Announces Top Producing REALTORS® for August 2023

Lamacchia Realty

Eileen is a member of the Lamacchia Realty 2017 , 2018, 2019 , 2020, 2021, and 2022 President’s Club , and the 2020 , 2021, and 2022 President’s Club ELITE. Anthony joined Lamacchia Realty in 2017 and has impressed everyone with his continuous drive, success and superb customer service.

Realty 74