Housing Wire

FEBRUARY 12, 2024

The worst times for mortgage originations may be over as the market appears to be turning, but it’s still an unaffordable environment for younger borrowers in particular, according to a fourth-quarter 2023 lending report from Maxwell. If home prices and lending costs moderate in 2024, significant demand could flow into the market. “If

Bracketing 471

Bracketing Mortgage Lending Inventory 471

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. Inventory didn’t increase at the rate most assumed it would.

Bracketing 64

Bracketing Marketing Sellers Buyers 64

Housing Wire

DECEMBER 26, 2023

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. I think Douglas Elliman will also be okay because they primarily do luxury and that market won’t really be impacted by the verdict.” An outcome like this would put additional pressure on a firm’s margins. “I

Brokerage 442

Brokerage Mortgage Agents Bracketing 442

Birmingham Appraisal

FEBRUARY 6, 2024

We see national news stories that say this or that about the housing market, however, it may or may not reflect what is going on in our neck of the woods. If this is true then we need to have a grasp on the different market indicators for our local market. Your market may have other sources of market data as well.

Inventory 76

Inventory Real Estate Sellers Buyers 76

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. Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Housing Wire

JUNE 8, 2023

It is no secret that housing inventory is low. As of June 2, there were 433,104 single family homes on the market nationwide, according to data from Altos Research. In April 2023, data from NAR and Realtor.com showed there were roughly 1.1 million homes listed for sale. Of those 1.1 Over half (51%) of U.S.

Bracketing 424

Bracketing Inventory Buyers Realtors 424

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. Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market.

Buyers 70

Buyers Inspection Sellers Real Estate 70