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 65

Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

JANUARY 10, 2022

The housing market around the Greater Boston area is enduring a market climate never seen before as a result of the COVID-19 pandemic. 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.

Sellers 72

Sellers Buyers Inspection Bracketing 72

Housing Wire

JUNE 15, 2022

But this year, as rates have crested 6%, about 70% of Neat’s originations are adjustable-rate mortgages, a product that until recently had fallen out of favor due to the role they played in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. . Stricter regulations, new guidelines. in 2005, the MBA said.

Mortgage 370

Mortgage Bracketing Loan Officers Investors 370

Lamacchia Realty

MARCH 12, 2024

The first line of defense is hiring a REALTOR® who is experienced in handling the complexities of multiple offers in this adjusting market with higher rates. Compose a Personal Letter While the actual terms of an offer are ultimately most important, sellers often want to know more about why a buyer wants to purchase their home.

Buyers 70

Buyers Inspection Sellers Real Estate 70

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? 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.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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. In a seller’s market, where there are more buyers than available homes, prices might be higher.

Inventory 76

Inventory Real Estate Sellers Buyers 76

Cornerstone

MAY 21, 2021

Here are the highlights: When it comes to buying or selling a house right now, misconceptions abound. But digging into five mainstream myths about today’s housing market can provide you with more clarity. percent in the fourth quarter of 2022.”. This makes it harder to act with confidence in our present environment.

Real Estate 57

Real Estate Loan Officers Bracketing Sellers 57