Remove 2019 Remove Inventory Remove Marketing Remove Open Houses
article thumbnail

Mortgage rates are the highest they’ve been this year. Did loan officers expect this?

Housing Wire

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Even though the rates are higher now, I think it’s a great market for a first-time homebuyer,” Saghafi said.

article thumbnail

Download these 9 real estate prospecting letter templates that actually work

Housing Wire

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. Call or text me with any real estate questions!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Price Adjustments and the 2023 Market

Lamacchia Realty

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. Inventory didn’t increase at the rate most assumed it would.

article thumbnail

Price Adjustments in this New Housing Market

Lamacchia Realty

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. As a result, there’s less demand for the available inventory, creating more price adjustments.

article thumbnail

HousingStack Phase 4: Lead conversion

Housing Wire

By far the most popular conversion tools out there are Comparative Market Analysis tools. Used in conjunction with listing presentations, these tools take recent sales, current inventory and list pricing, market absorption and a variety of other factors into account to help you determine the right price. Listing tools.

Tools 239
article thumbnail

Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.

article thumbnail

5 Interesting Energy Corridor Real Estate Trends

Houston Properties

The district’s reputation as a major employment center coincides with its status as one of Houston’s hottest real estate markets. 5 Interesting Energy Corridor Real Estate Market Trends. 5 Interesting Energy Corridor Real Estate Market Trends. Property inventories are shrinking. Get PDF Now.