Appraisal Partners Blog

OCTOBER 20, 2019

If you are looking for a home or have purchased a home you may be familiar with the term “price per square foot.” For example, if you have a 1,500 Sq Ft home selling for $225,000, the price per square foot would be $150/Sq Ft. What is price per square foot? Basing a value solely on price per square foot in this case.

Real Estate Agent 78

Real Estate Agent Real Estate Market Value Agents 78

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Common Appraisal Challenges That Impact Home Sales 1. Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers.

Real Estate Agent 75

Real Estate Agent Real Estate Agents Appraisal 75

Lamacchia Realty

AUGUST 2, 2022

There is a lot involved when it comes to selling a home. The good news is- thousands of homes are sold every day thanks to REALTORS® who have made it their job to guide and educate their sellers through this process. Below is a list of the most common mistakes home sellers make as well as recommendations for how to avoid them! .

Sellers 65

Sellers Agents Real Estate Agent Buyers 65

Lamacchia Realty

OCTOBER 25, 2023

The first quarter of 2023 had the lowest number of homes listed in recorded history. Buyers used to be able to handle the rising prices of homes because rates were so low, but now with rates hovering in the 8% range, it costs a lot more to borrow. Since then, the number of homes for sale has been lower than any of the previous years.

Bracketing 67

Bracketing Marketing Sellers Buyers 67

Birmingham Appraisal

APRIL 11, 2023

It’s been said that choosing the right comps is ninety percent of the battle when pricing a home and I agree. If you choose the wrong comps the home can stay on the market for an extended period of time. A person who wants to buy a slab home will probably not be looking for a basement home and vice versa.

Realtors 84

Realtors Bracketing Agents Buyers 84

Birmingham Appraisal

JULY 7, 2022

What Are Some Reasons Your Home May Not Appraise? With the current shift in the real estate market, we may see changes in sales activity that will affect your home’s value. Today we’ll look at some reasons your home may not appraise. Because of the lack of inventory sales volume has been down.

Appraisal 63

Appraisal Marketing Contracts Buyers 63

Lamacchia Realty

JUNE 21, 2022

The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. Homes were selling for well above list prices due to multiple offers, so sellers were not in the position to have to adjust prices to attract buyers. How do sellers compete?

Housing Market 67

Housing Market Bracketing Marketing Sellers 67

Lamacchia Realty

MAY 21, 2021

Beginning in March of 2020 to now, buyers came out in droves due to low interest rates , but sellers were (and most still are) holding off on listing due to the uncertainty of being able to find a new home and the lingering effects of COVID-19. It’s also important when selling to keep your price in check!

Marketing 64

Marketing Sellers Buyers Realtors 64

Lamacchia Realty

AUGUST 3, 2021

Inventory is still very tight despite a slight increase, and as you can see in the chart below from our Massachusetts Updates page , the percentage of homes placed under agreement out of total inventory is still higher than it ever has been but its noticeably lower than it was in the first six months of the year.

Bracketing 69

Bracketing Sellers Buyers Inventory 69

Birmingham Appraisal

SEPTEMBER 26, 2023

I don’t know the details of the sale, however, it made me wonder about how good of a sales comparable this would be if it was used as a comp when pricing another home. The Temptation of Outlier Sales in Pricing a Home At first glance, outlier sales might seem like a goldmine of information for agents.

Real Estate Agent 86

Real Estate Agent Real Estate Clients Agents 86

Lamacchia Realty

NOVEMBER 16, 2021

Quite often, too often, in fact, REALTORS ® hear home sellers say that they want to take their home off the market for the holiday season. September and October are usually the months with an increased number of homes on the market , and then as those homes sell or people begin taking them off the market, inventory decreases.

Inventory 69

Inventory Buyers Sellers Realty 69

Birmingham Appraisal

JUNE 1, 2022

If we’re not careful we can fall into the trap of pricing a home for what it may have sold for 2 or 3 months ago compared to today. I have included the top things I look at when appraising homes. 9 Stats To Consider When Pricing A Home. Don’t Get Stuck In The Past. So what stats do appraisers look at?

Agents 52

Agents Marketing Contracts Inventory 52

McCarthy Appraisal Blog

OCTOBER 4, 2018

Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal from McCarthy Appraisal Services can help you make a better educated decision when determining your selling price. based Comparative Market Analysis (CMA).

Valuation 36

Valuation Appraisal Real Estate Agent Property Appraisal 36

Hood Homes Blog

MAY 2, 2018

Continue to up your game with professional development. Call it “Zillow Derangement Syndrome” If you aren’t plugged into the real estate scene, go find your closest Realtor friend and just say “I love Zillow” Then I recommend running away very quickly. They want their home where the buyers are.

Realtors 36

Realtors Advertising Agents Real Estate 36

Lamacchia Realty

MARCH 26, 2024

The cost of home insurance in Florida has surged over the past few years, making it more expensive than the national average. In-migration to Florida was at an all time high as a result, but now that work-from-work is becoming the norm once again, those second homes are more a financial burden than an escape.

Bracketing 63

Bracketing HOA Sellers Buyers 63

Appraisal Today

SEPTEMBER 8, 2023

These requests involve homes in numerous vacation spots ranging from Sedona, San Diego, Montana, Lake Tahoe, to Miami, New York, Seattle, New England, and every vacation spot in between. Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®.

Appraisal 79

Appraisal Contracts Business Construction 79

Listing Spark

MARCH 9, 2023

In this blog post, we’ll take a closer look at Texas’ real estate market activity — exploring recent developments, analyzing short-term trends, and making predictions about what we might expect. This change in rates caused homes to immediately become significantly more expensive for buyers. YOY Market Share: 27.9%

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Lamacchia Realty

SEPTEMBER 23, 2022

Massachusetts Home Sales Down 11.6%. Homes Listed For Sale: Sales have remained down month over month as sellers aren’t as motivated to list as they were during the market boom last summer – evidenced by the fact that t he number of homes listed is down by 20.2% New Hampshire Home Sales Down 13.1%. Sales are down 11.6%

Sellers 67

Sellers Buyers Inventory Contracts 67

Lamacchia Realty

AUGUST 17, 2022

The Lamacchia Monthly Housing Report highlights home sale statistics, average sales prices, the number of homes listed and pending as well as price changes for single-families, condos, and multi-family homes in Massachusetts. For New Hampshire, it presents home sale statistics and average sales prices. Sales are down 19.8%

Sellers 72

Sellers Buyers Inventory Contracts 72

Lamacchia Realty

SEPTEMBER 29, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for August 2022 compared to August 2021. As inventory levels keep increasing (i.e.,

New Listings 41

New Listings Supply Chain Inventory Buyers 41

Lamacchia Realty

AUGUST 26, 2021

The Lamacchia Monthly Housing Report highlights home sale statistics, average sales prices, the number of homes listed and pending as well as price changes for single-families, condos, and multi-family homes in Massachusetts. For New Hampshire, it presents home sale statistics and average sales prices.

Inventory 69

Inventory Sellers Buyers Real Estate 69

Lamacchia Realty

MAY 25, 2021

The Lamacchia Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums, and multi-family homes in Massachusetts and New Hampshire for April 2021 compared to April 2020. Massachusetts Home Sales Up 35.2%. over 2019, just like listed homes.

Sellers 53

Sellers Buyers Real Estate Inventory 53