2021 Buyers Home Value Sellers 
Housing Wire
FEBRUARY 4, 2021
A Zillow report released Thursday shows urban home values in Midwest cities — namely, St. Louis, Cincinnati, Cleveland, Kansas City, Columbus and Indianapolis — have risen faster than suburban home values over the past several months. Today, both sellers and buyers expect to handle a majority of the process online.
Housing Wire
NOVEMBER 1, 2023
Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%. One of the researchers, Will Fried, had a hunch.
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Housing Wire
APRIL 7, 2021
And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. “The pandemic has catalyzed purchases by millennial first-time buyers, many of whom can now work from anywhere.”
Boston Appraisal
JANUARY 18, 2023
The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. This affected buyers and sellers.
Housing Wire
OCTOBER 3, 2022
Skyrocketing mortgage rates – now in the 7% range for some buyers – and limited inventory have driven mortgage affordability to its lowest levels since the early 1980s, a reversal from the frenetic boom in buying during 2020 and 2021. That monthly payment is up $930 from August 2021, a 73% increase. With mortgage rates at 6.7%
Housing Wire
JANUARY 25, 2023
After blowing past the 2% core inflation target in April 2021, it continuously rose for 18 months until peaking in September 2022. Until mortgage rates drop below 5.5%, we can expect low housing supply, which favors sellers. We can also expect low housing demand, which favors buyers. It did not hit 6.7% most likely by mid-year.
Lamacchia Realty
DECEMBER 31, 2021
They won’t be living there much longer so spending money on upgrades that don’t increase home values by astronomical amounts and ones that they won’t be able to enjoy for a long period of time tends to deter many individuals. The first photo buyers look at when shopping for homes should be of an inviting, well taken care of home.
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