Lamacchia Realty

JANUARY 10, 2022

Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Shorten the inspection window, purchase and sale date, and mortgage contingency if possible.

Sellers 70

Sellers Buyers Inspection Bracketing 70

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. The first quarter of 2023 had the lowest number of homes listed in recorded history.

Bracketing 60

Bracketing Marketing Sellers Buyers 60

Lamacchia Realty

MARCH 26, 2024

In the chart below, the trend depicts that inventory in all three South Florida counties (Palm Beach, Miami-Dade, and Broward) has been rising since April of 2022. Consider the Price Bracket Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home.

Bracketing 56

Bracketing HOA Sellers Buyers 56

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. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers. See chart below.

Housing Market 62

Housing Market Bracketing Marketing Sellers 62

Cornerstone

MAY 21, 2021

Our free LoanFly app lets you search houses, connect with a local loan officer, prequalify for a mortgage, and manage your loan docs, all in one place. What else to know: Mortgage rates are still low — but rising. Nonetheless, any time mortgage rates change, it can impact the amount you’re able to borrow.

Real Estate 57

Real Estate Loan Officers Bracketing Sellers 57

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Speak with your lender to determine the earliest mortgage contingency date.

Buyers 66

Buyers Inspection Sellers Real Estate 66

Lamacchia Realty

FEBRUARY 22, 2023

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Speak with your lender to determine the earliest mortgage contingency date.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Houston Properties

JANUARY 13, 2021

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. In addition, mortgage rates are at an all-time low. Some companies are offering 30-year fixed-rate mortgages for less than 2.3%. The Tale of Two Cities.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68