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.
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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.
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. The Alabama Center for Real Estate provides helpful charts and statistics from data it gets from The Alabama Association of Realtors. In my last post, I discussed statistics related to supply and demand.
Birmingham Appraisal
MARCH 26, 2024
Prices have held steady and even increased in some areas due to limited inventory. What is bracketing and why should Realtors do it? A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022.
Housing Wire
JUNE 8, 2023
It is no secret that housing inventory is low. households earn $75,000 or less, meaning that in a balanced market, 51% of the homes for sale would be affordable to buyers in this income bracket. As income levels increase, however, the disparity decreases between current inventory and the inventory needed for a balanced market.
Birmingham Appraisal
MARCH 26, 2024
Prices have held steady and even increased in some areas due to limited inventory. What is bracketing and why should Realtors do it? A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022.
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