Housing Wire
FEBRUARY 12, 2024
In response, borrowers in younger age brackets lost traction in Q4 2023, edged out of the market by lack of affordability,” the report stated. “If That demand may be impeded by low inventory , but lenders should still ready their businesses to capture available loan volume.”
Housing Wire
DECEMBER 26, 2023
The good news is that we can bracket the financial impact and they can absorb it, and I think that’s good news. As the copycat commission lawsuits continue to pile up, and mortgage rate and inventory concerns still exist, 2024 will certainly be no walk in the park for brokerages, but analysts do expect it to be better.
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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.
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.
Birmingham Appraisal
FEBRUARY 6, 2024
In this post we’ll discuss average and median sold price, average days on the market (DOM), and months of inventory. More sales in the lower price bracket may indicate a decline in prices and more in the upper range may indicate an increase. In my last post, I discussed statistics related to supply and demand.
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.
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. . For the next six months, we expect ARMs to have some popularity,” said Johnson.
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