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. Builders will continue to target first-time home buyers with incentives.

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Real Estate Marketing Home Value Inventory 36

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. trillion compared to $2.75

Real Estate 36

Real Estate Sellers Home Value Inventory 36

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 56

Real Estate Sellers Buyers Realtors 56

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 does this mean for Sellers ?

New Listings 56

New Listings Real Estate Sellers Inventory 56

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 52

New Listings Real Estate Inventory Sellers 52

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 50

New Listings Sellers Real Estate Inventory 50

Lamacchia Realty

SEPTEMBER 22, 2023

Miami-Dade County In August of 2023, Miami-Dade single-family homes and condos/townhomes saw decreases in closed sales, pending sales and new listings. Palm Beach County In August of 2023, Palm Beach single-family homes and condos/townhomes both saw a decrease in new listings and pending sales.

New Listings 57

New Listings Real Estate Sellers Realty 57

Lamacchia Realty

JUNE 23, 2023

Palm Beach County In May of 2023, Palm Beach single-family and condo/townhome closed sales, new listings, and pending sales decreased. The average price increased for condos/townhomes and single-family homes. Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 60

Real Estate New Listings Sellers Realty 60

Lamacchia Realty

APRIL 24, 2023

march 2023 south florida housing report March Highlights SOUTH FLORIDA Broward County In March of 2023, Broward County single-family and condo/townhome average price, closed sales, new listings, and pending sales all decreased. Instant Home Evaluation See immediately how this market is impacting your home value.

New Listings 48

New Listings Real Estate Realty Home Value 48

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. What does this mean for Sellers ? What’s happening in the market?

New Listings 36

New Listings Sellers Real Estate Buyers 36

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.

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New Listings Inventory Real Estate Sellers 53

Housing Wire

JULY 25, 2022

Freddie Mac projects that home-price growth will average 12.8% By comparison, home-price growth was 17.8% in 2021, Freddie Mac reports. trillion in 2021,” the agency’s quarterly forecast states. Many discouraged would-be homebuyers seem to be turning to rentals to avoid high mortgage rates and home prices.

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Housing Market Marketing Supply Chain Real Estate 397

Lamacchia Realty

MAY 22, 2023

april 2023 south florida housing report April Highlights SOUTH FLORIDA Broward County In April of 2023, Broward County single-family and condo/townhome closed sales, new listings, and pending sales decreased, with a slight increase in average price for condo/townhomes. Data provided by SunStats then compared to the prior year.

New Listings 44

New Listings Real Estate Realty Home Value 44

Listing Spark

MARCH 9, 2023

But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential. This change in rates caused homes to immediately become significantly more expensive for buyers. This comes largely as a result of a steeper run up in prices in 2021.

Real Estate 36

Real Estate Marketing Inventory Sellers 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. Sellers, the sooner you put your home on the market, the more it will sell for !

New Listings 55

New Listings Sellers HOA Buyers 55

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. downsizing, growing families, career changes, divorce , etc.).

Sellers 49

Sellers Buyers Real Estate Inventory 49

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% We are in a new phase of the housing market cycle. The stats are an unwelcome paradox for buyers and sellers alike. Single-family-home prices added 3.2%

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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. To be sure, the market is still leaning heavily in the sellers’ favor and listings are slimmer than a strand of spaghetti. It’s a similar tale for single-family homes as a subset of the market. EASTSIDE GROWTH.

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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