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 64

Bracketing Marketing Sellers Buyers 64

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

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

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. The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers in this adjusting market with higher rates. Real estate is a long game.

Buyers 41

Buyers Sellers Inspection Bracketing 41

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. An experienced REALTOR® will make it very clear from the beginning that pricing right is the key to selling faster and for more money.

Bracketing 60

Bracketing HOA Sellers Buyers 60

McKissock

FEBRUARY 15, 2022

Now, 26 years later, Fannie Mae has announced that appraisers will be required to comply with ANSI Z765 as of April 1, 2022. National Association of Realtors. Related reading: For more info, check out Dan Bradley’s article, “Fannie Mae to Adopt ANSI Measurement Standard in 2022.”. Fannie Mae. Freddie Mac. Department of Energy.

Appraisal 87

Appraisal Bracketing Training Development 87