Listing Spark

SEPTEMBER 25, 2023

A Dip in New Mortgages With interest rates soaring to unexpected heights, many prospective homebuyers have taken a step back from applying for new mortgages. Many have been caught off guard by the spike in rates and are cautiously waiting and hoping for home values to become more affordable.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Listing Spark

JANUARY 12, 2023

Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. Price drops are becoming more normal, and we can expect home values to decrease by 10-15% on average across major markets. Listing Agents: Be careful when selecting listing agents who only charge 1% commission.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Lamacchia Realty

DECEMBER 19, 2023

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2%

Real Estate 59

Real Estate Sellers Home Value Buyers 59

Lamacchia Realty

DECEMBER 21, 2023

november 2023 south florida housing report Broward County In November of 2023, Broward County single-family homes as well as c ondos/townhomes saw decreases in closed sales and pending sales, but increases in average price and new listings. An increase in active inventory as well as new listings is great news for buyers!

New Listings 54

New Listings Real Estate Inventory Sellers 54

Lamacchia Realty

NOVEMBER 27, 2023

october 2023 south florida housing report Broward County In October of 2023, Broward County single-family homes saw a decrease in closed sales, but increases in new listings, pending sales, and average price. Condos/townhomes saw increases in average price and new listings but decreases in pending and closed sales.

New Listings 51

New Listings Sellers Real Estate Inventory 51

Lamacchia Realty

OCTOBER 20, 2023

September 2023 south florida housing report Broward County In September of 2023, Broward County single-family homes saw decreases in new listings and pending sales but increases in closed sales and average price. increase in new listings compared to September 2022. What’s happening in the market?

New Listings 58

New Listings Real Estate Sellers Inventory 58

Lamacchia Realty

DECEMBER 19, 2023

Single families: $549,922 (2022) | $559,251 (2023) Condominiums: $414,921 (2022) | $533,433 (2023) Multi-families: $501,629 (2022) | $469,320 (2023) Homes Listed For Sale: T he number of homes listed is up by 7.3% 2023: 1,336 2022: 1,327 2021: 1,861 Data provided by NEREN then compared to the prior year.

Real Estate 58

Real Estate Sellers Buyers Realtors 58

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 south florida housing report July Highlights Mortgage rates and limited inventory continue to be the driving factors behind today’s real estate market data – specifically sticking out when looking at home sales and new listings which are both down across all counties and categories in South Florida.

New Listings 55

New Listings Inventory Real Estate Sellers 55

Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. It was an inevitable end to arguably the greatest run-up in home values in history. trillion in 2021. Some markets were affected more than others.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Raleigh Realty

JULY 12, 2022

for overall real estate prospects Houses spend less than half the amount of time on the market than in 2021 Houses sell for almost $5,000 less than the national median price Over half of Raleigh residents own their home Raleigh Real Estate Demand Raleigh real estate trends show an increase in demand for housing in The Triangle.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Listing Spark

MARCH 9, 2023

This comes largely as a result of a steeper run up in prices in 2021. Months supply of inventory climbed from 0.6 months of inventory is still technically considered a seller’s market (4-6 months is considered to be a balanced market). Compared to 2021’s extremely low months supply of inventory of 0.6

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Lamacchia Realty

JANUARY 24, 2024

December 2023 south florida housing report Broward County In December of 2023, Broward County single-family homes saw no changes in the number of homes sold, increases in average price, and new listings, but a decrease in pending sales. Instant Home Evaluation See immediately how this market is impacting your home value.

New Listings 36

New Listings Sellers Real Estate Buyers 36

Lamacchia Realty

MARCH 28, 2023

February 2023 south florida housing report February Highlights Single family homes sales are significantly down again in Broward, Miami-Dade and Palm Beach counties in February compared to this time last year. The average price slightly increased for single-family homes and decreased for condos and townhomes.

New Listings 57

New Listings Sellers HOA Buyers 57

Lamacchia Realty

JULY 25, 2023

In fact, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. Many potential sellers are hesitating to list their homes to avoid losing their 2-3% pandemic-era mortgage rate. Also, pending sales were up for single family homes but down for condos/townhomes.

Sellers 51

Sellers Buyers Real Estate Inventory 51

Will Springer Realtor

NOVEMBER 9, 2022

Among all home types in King, new listings have fallen 26% in the past month and existing homes for sale at the start of November were down 8.1% Historically low interest rates brought buyers and investors out of the woodwork for any homes for sale. We are in a new phase of the housing market cycle.

New Listings 36

New Listings Housing Market Inventory Buyers 36

Will Springer Realtor

OCTOBER 8, 2021

They wonder if they missed their opportunity to buy before interest rates rise along with home values. This newsletter started 2021 raving about the explosive growth across the Eastside and there is no sign of a letup. It’s a similar tale for single-family homes as a subset of the market. New listings are up 6.3%

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

AUGUST 9, 2022

That’s the conclusion of a 2021 report from the Research Institute for Housing America, which signaled added “stress” on housing and housing finance industries in determining risk. SmartAsset used three metrics – home value growth, income growth and housing demand – to reach its findings. >> Returning to work will come with a price.

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Inventory Buyers New Listings Construction 36