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Price Adjustments in this New Housing Market

Lamacchia Realty

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

The housing market around the Greater Boston area is enduring a market climate never seen before as a result of the COVID-19 pandemic. Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. Consider Waiving Inspection.

Sellers 72
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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market. Those looking to buy a home this year need to do all they can to make the strongest offer when the right house becomes available.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

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. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.

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5 of today’s biggest real estate myths, busted [INFOGRAPHIC]

Cornerstone

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.

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Housing Statistics for Beginners, Part 2

Birmingham Appraisal

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. This information can be used to advise sellers on how to price in this situation.

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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market.

Buyers 41