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

Housing Wire

JUNE 15, 2022

In a tight housing market with a shortage of inventory and soaring rates, many homebuyers are opting for ARMs, which carry lower rates for an initial period of fixed interest and amortize over a 30-year term. . Some buyers who couldn’t qualify for a conventional mortgage turned to an ARM to make lower monthly payments.

Mortgage 350

Mortgage Bracketing Loan Officers Investors 350

Lamacchia Realty

JANUARY 10, 2022

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. The tricky part is figuring out how much over asking price.

Sellers 72

Sellers Buyers Inspection Bracketing 72

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

Genworth MI Blog

NOVEMBER 29, 2018

Recently, the rural housing landscape has sparked discussion about its lending, affordable housing availability, housing shortages and outreach to underserved demographics. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics. Underwriting Training. Holistic Analysis.

Appraisal 78

Appraisal Marketing Training Bracketing 78

Genworth MI Blog

NOVEMBER 29, 2018

Recently, the rural housing landscape has sparked discussion about its lending, affordable housing availability, housing shortages and outreach to underserved demographics. As such, the buyer’s options are limited, and they become less sensitive to differences in housing characteristics. Underwriting Training. Holistic Analysis.

Appraisal 78

Appraisal Marketing Training Bracketing 78