Lamacchia Realty

OCTOBER 25, 2023

Furthermore, potential sellers with covid-era mortgage rates of around 3% aren’t actually listing because it means they’d have to give up that historic rate and trade it in for one that is two to three times higher. Fewer sellers need to adjust their price because, again, it’s a seller’s market. It means they’re down.

Bracketing 64

Bracketing Marketing Sellers Buyers 64

Lamacchia Realty

JUNE 21, 2022

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. 2020 ended favoring sellers.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68