article thumbnail

Real estate agents wonder if inventory levels will ever return to ‘normal’

Housing Wire

Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the onset of the pandemic this predictable trend has been thrown out the window. “ What happened to ‘normal’?

article thumbnail

Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Many of us are in sellers’ markets with very low inventory. Inventory is extremely low, and the competition is fierce. House-hacking is a great way to build wealth and pay down your mortgage. Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Could Make Home Prices Drop in 2023?

Empire Appraisal Group

The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. Even if sellers don’t come out in quite their usual numbers this year, there may still be enough additional inventory to push home prices down. It would take just 3.3 Seniors who need to move for health-related reasons.

article thumbnail

Are You A “Want-To-Be” Seller in 2022?

Lamacchia Realty

ARE YOU A "WANT-TO-BE" SELLER IN 2022? A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates.

Sellers 67
article thumbnail

Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions.

article thumbnail

Price Adjustments and the 2023 Market

Lamacchia Realty

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.

article thumbnail

Buyers, Don’t Make These House Hunting Mistakes!

Lamacchia Realty

Especially now, when the demand for homes is extremely high and that demand is expected throughout 2022 , these few tasks will ensure that you’ve properly set yourself up to be ready to make the strongest offer on the home you want. Obtain a mortgage pre-approval before going into any open house. 6 MISTAKES TO AVOID 1.

Buyers 74