Housing Wire

MARCH 5, 2024

“ 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. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S.

Loan Officers 426

Loan Officers Mortgage Buyers Inventory 426

Housing Wire

APRIL 22, 2024

Many of us are in sellers’ markets with very low inventory. Inventory is extremely low, and the competition is fierce. House-hacking is a great way to build wealth and pay down your mortgage. Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes.

Real Estate 386

Real Estate Open Houses Brokerage Real Estate Agent 386

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.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

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

Bracketing 64

Bracketing Marketing Sellers Buyers 64

Empire Appraisal Group

JANUARY 4, 2023

Demand has plummeted as mortgage rates hit a two-decade high, but prices haven’t declined much in part because supply remains correspondingly low. The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. It would take just 3.3

Inventory 78

Inventory Open Houses Sellers Real Estate 78

Houston Properties

JANUARY 13, 2021

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. In addition, mortgage rates are at an all-time low.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

D Fritz Appraisals

JULY 15, 2020

Live-streamed open houses, virtual walkthroughs, masks and sanitizer waiting at listed homes became common as the first weeks wore on. As a result, in June the number of homes on the market was much closer to 2019 numbers and sales in June 2020 in the VREB region surpassed sales from June 2019. Condo sales are down 3.2%

Real Estate 148

Real Estate Valuation Inventory Insurance 148