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.

Home Value 410

Home Value Bracketing Realtors Finance 410

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.

Bracketing 65

Bracketing Marketing Sellers Buyers 65

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.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

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.

Sellers 72

Sellers Buyers Inspection Bracketing 72

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. appeared first on Birmingham Appraisal Blog.

Construction 79

Construction Appraisal Process Appraisal Bracketing 79

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. appeared first on Birmingham Appraisal Blog.

Construction 71

Construction Appraisal Appraisal Process Bracketing 71

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. DISCLAIMER – There are risks involved with these tactics, so be sure to consult your REALTOR® or real estate attorney. Real estate is a long game.

Buyers 70

Buyers Inspection Sellers Real Estate 70