Remove 2020 Remove Buyers Remove Inventory Remove Open Houses
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Real estate agents wonder if inventory levels will ever return to ‘normal’

Housing Wire

Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the onset of the pandemic this predictable trend has been thrown out the window. “ What happened to ‘normal’?

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3 mortgage industry trends that will define the rest of 2021

Housing Wire

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

Mortgage 518
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HousingStack Phase 4: Lead conversion

Housing Wire

So the products I’ve put into this category are really focused on either helping agents win listings or helping them convert lookers into buyers. And the last area is seller tools or companies that help to convert lookers to buyers (I could probably have thought of a better name here). Seller tools / Buyer conversion tools.

Tools 271
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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.

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Selling this spring? 12 ways to use Easter decor to attract buyers

Cornerstone

Mortgage rates reached new lows multiple times, and buyers took advantage of this surge in affordability by snapping up available houses. Housing authorities like Freddie Mac predict a “strong spring sales season” ahead. Buyer activity remains high , and low inventory continues to pose a problem. Revive your room.

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How Many Homes Should I See Before Making an Offer?

Lamacchia Realty

When making such a huge decision, buyers often wonder how many homes they should see before they make an offer on the one they like. Buyers who only see a few homes. There are some buyers who luck out and make an offer on the first home they see. There are some buyers who luck out and make an offer on the first home they see.

Buyers 69
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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. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.