Housing Wire
FEBRUARY 12, 2024
Loan volume between the third and fourth quarters declined by 21%, but that was far less than the 37% drop from Q3 2022 to Q4 2022, the report showed. Meanwhile, loan volume in the fourth quarter was up by 1% year over year, a significant increase from the annualized decline of 65% in Q4 2022.
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. Inventory didn’t increase at the rate most assumed it would.
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Lamacchia Realty
JUNE 21, 2022
In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.
Lamacchia Realty
JANUARY 10, 2022
Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. Additional Resources. Buyer Resources. April 8, 2021. Read More ».
Birmingham Appraisal
FEBRUARY 6, 2024
In this post we’ll discuss average and median sold price, average days on the market (DOM), and months of inventory. More sales in the lower price bracket may indicate a decline in prices and more in the upper range may indicate an increase. In my last post, I discussed statistics related to supply and demand.
Housing Wire
JUNE 15, 2022
In a tight housing market with a shortage of inventory and soaring rates, many homebuyers are opting for ARMs, which carry lower rates for an initial period of fixed interest and amortize over a 30-year term. . Stricter regulations, new guidelines. in 2005, the MBA said. It’s not a bad thing for borrowers, lenders, and loan investors.
Birmingham Appraisal
MARCH 26, 2024
A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. Prices have held steady and even increased in some areas due to limited inventory. What is bracketing and why should Realtors do it?
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