Lamacchia Realty

OCTOBER 25, 2023

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. Since then, the number of homes for sale has been lower than any of the previous years.

Bracketing 60

Bracketing Marketing Sellers Buyers 60

Lamacchia Realty

JUNE 21, 2022

Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

Housing Market 62

Housing Market Bracketing Marketing Sellers 62

Birmingham Appraisal

FEBRUARY 6, 2024

Unlocking the Basics: Part 2 of Housing Statistics for Beginners In my last blog post, which was the first installment in this multi-part series, I discussed why it is important for agents to be aware of local housing statistics. The average sale price will factor in the outlier sales which could possibly skew the results.

Inventory 79

Inventory Real Estate Sellers Buyers 79

Cornerstone

MAY 21, 2021

percent in the fourth quarter of 2022.”. As you prepare to buy a home – either as a first-time buyer or as a seller who is buying a new house – it’s critical to know your monthly budget and exactly how much house you can afford. The post 5 of today’s biggest real estate myths, busted [INFOGRAPHIC] appeared first on Cornerstone Blog.

Real Estate 57

Real Estate Loan Officers Bracketing Sellers 57

Lamacchia Realty

MARCH 26, 2024

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Inventory rises when more sellers are listing than buyers are buying.

Bracketing 56

Bracketing HOA Sellers Buyers 56

Lamacchia Realty

APRIL 27, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for March 2022 compared to March 2021. Buyer Resources. Miami-Dade & Palm Beach Counties. Read More ».

New Listings 51

New Listings Bracketing Inventory Realty 51

Lamacchia Realty

MAY 26, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for April 2022 compared to April 2021. Buyer Resources. Miami-Dade & Palm Beach Counties. Read More ».

New Listings 36

New Listings Bracketing Inventory Realty 36