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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. Why is 2021 different than other years? Infrequent showing requests The first thing that buyers see when they browse homes for sale besides pictures, is the list price.

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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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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.

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ARMs race: adjustable-rate mortgages make a comeback

Housing Wire

In 2021, more than 90% of borrowers who closed a loan with fintech mortgage lender Neat Loans opted for a 30-year fixed-rate mortgage. Some buyers who couldn’t qualify for a conventional mortgage turned to an ARM to make lower monthly payments. For the next six months, we expect ARMs to have some popularity,” said Johnson.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Houston Housing Market Forecast: Current Data & 2021 Predictions. SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? Concerned about a housing market crash?

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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. The tricky part is figuring out how much over asking price.

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The art (and the importance) of pricing your home to sell

Cornerstone

percent in 2021. Realtor.com’s Chief Economist Danielle Hale confirms : “We expect price gains to ease somewhat in 2021 and end 5.7 The goal of pricing your home to sell is to enhance visibility and attract more buyers. It may actually repel potential buyers. are anticipated to rise by 4.5 Ready to sell?

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