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 61

Bracketing Marketing Sellers Buyers 61

Birmingham Appraisal

FEBRUARY 6, 2024

Unlocking the Basics: Part 2 of Housing Statistics for Beginners In my last blog post, which was the first installment in this multi-part series, I discussed why it is important for agents to be aware of local housing statistics. In my last post, I discussed statistics related to supply and demand.

Inventory 77

Inventory Real Estate Sellers Buyers 77

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 63

Housing Market Bracketing Marketing Sellers 63

Lamacchia Realty

AUGUST 3, 2021

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. But if the home has been available long enough, it’s time to consider adjusting the list price to gain more visibility from more potential buyers.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Genworth MI Blog

NOVEMBER 29, 2018

Because of the lack of housing inventory (and available inventory) in rural markets, rural buyers are often less sensitive thank their urban counterparts to differences in housing styles and features. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics.

Appraisal 78

Appraisal Marketing Training Bracketing 78

Genworth MI Blog

NOVEMBER 29, 2018

Because of the lack of housing inventory (and available inventory) in rural markets, rural buyers are often less sensitive thank their urban counterparts to differences in housing styles and features. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics.

Appraisal 78

Appraisal Marketing Training Bracketing 78

Lamacchia Realty

MARCH 26, 2024

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023.

Bracketing 57

Bracketing HOA Sellers Buyers 57