2020 Contracts Inventory Open Houses 
Housing Wire
AUGUST 28, 2020
The products I’ve put into this category primarily help in converting leads, prospects and opportunities into contracts. Specifically, I’m talking about listing agreements and sales contracts. The first is listing tools – the products designed for you to convert potential sellers into listing contracts.
Housing Wire
MAY 10, 2023
For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity. You may have seen a picture making the rounds on Housing Twitter and LinkedIn recently. It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey.
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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. That’s because fewer homes are being placed under contract. Price adjustments/decreases were up across the country in May.
Lamacchia Realty
MARCH 17, 2022
A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates. Protect Yourself as a Buyer.
Houston Properties
JANUARY 13, 2021
What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. 2020 was the best year in American history for personal income. The personal savings rate averaged 7% from about 1995 – 2020. So, what did they do?
Lamacchia Realty
JUNE 10, 2022
Despite all of it competition is still strong, and buyers are still out there, but with average prices increasing also at historic rates since 2020 and with the cost increase of borrowing, a shift in the market is happening. More homes to choose from with more leverage in your corner is exactly what a more balanced market will feel like.
Housing Wire
APRIL 21, 2022
Last May, Sam Khater, chief economist for Freddie Mac , the government-sponsored enterprise and mortgage purchaser, issued a report with the grim conclusion: “Inventory of both new and existing homes for sale is currently at a historical low.”. The construction worker shortage has also grown worse. That’s $307,000 in non-construction costs.
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