Lamacchia Realty

OCTOBER 25, 2023

2020 and 2021 did see slight hills and valleys but nothing as intense as the years’ prior. An experienced REALTOR® will make it very clear from the beginning that pricing right is the key to selling faster and for more money. If three weeks go by, contact your REALTOR® to discuss an adjustment on the list price.

Bracketing 64

Bracketing Marketing Sellers Buyers 64

Lamacchia Realty

JUNE 21, 2022

2020 and 2021 did see slight hills and valleys but nothing as intense as the years prior. Your home is priced much higher than properties in your area Your REALTOR® will complete a comparative market analysis of the homes sold in your area in the 2-3 months. Consider the Price Brackets. See chart below.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

AUGUST 3, 2021

Due to the lingering impact of COVID and the log jam it caused in the 2020 spring market , price adjustments were lowest in 2020 and are now even lower in 2021 with supply so tight. An experienced REALTOR will make it very clear from the beginning that pricing right is the key to selling faster and for more money.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The sales approach is the most well-known approach to value and involves the use of sales comparables or “comps” to develop an opinion of value.

Construction 79

Construction Appraisal Process Appraisal Bracketing 79

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The sales approach is the most well-known approach to value and involves the use of sales comparables or “comps” to develop an opinion of value.

Construction 71

Construction Appraisal Appraisal Process Bracketing 71

Birmingham Appraisal

FEBRUARY 6, 2024

The Alabama Center for Real Estate provides helpful charts and statistics from data it gets from The Alabama Association of Realtors. More sales in the lower price bracket may indicate a decline in prices and more in the upper range may indicate an increase. Your market may have other sources of market data as well.

Inventory 76

Inventory Real Estate Sellers Buyers 76