2022 Bracketing Real Estate Realtors 
Housing Wire
APRIL 18, 2023
Between 2012 and 2022, the nationwide median value of homes owned by low-income households (households earning no more than 80% of metro area’s median income) rose 75%, or $98,910. Middle-income homeowners in Ogden recorded the largest wealth gain among all metros for their income bracket, gaining $220,000 in wealth from 2012 to 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. 2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic.
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Lamacchia Realty
JUNE 21, 2022
As you can see in the chart below, the red line indicates that 2022 began with the highest absorption rate of available inventory in the past 4 years but over the past 8 weeks has dropped to right around the same rate or lower than last year and we expect it to be going down more. Consider the Price Brackets. See chart below.
Lamacchia Realty
JANUARY 10, 2022
Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers. DISCLAIMER – There are risks involved with these tactics, consult your REALTOR® or Attorney.
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. What is bracketing and why should Realtors do it? The market dynamics have changed namely interest rates.
Birmingham Appraisal
FEBRUARY 6, 2024
We all know that the three most important factors in real estate are location, location, and location. A great skill to have for a real estate agent, or anyone in the real estate industry, is the ability to download sales data from your local MLS and import it into a spreadsheet program like Excel or Google Sheets.
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. What is bracketing and why should Realtors do it? The market dynamics have changed namely interest rates.
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