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. How do you know your house is overpriced?

Bracketing 64

Bracketing Marketing Sellers Buyers 64

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. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers. See chart below.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

AUGUST 3, 2021

Due to the lingering impact of COVID and the log jam it caused in the 2020 spring market , price adjustments were lowest in 2020 and are now even lower in 2021 with supply so tight. An experienced REALTOR will make it very clear from the beginning that pricing right is the key to selling faster and for more money.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Birmingham Appraisal

FEBRUARY 20, 2024

The lender, whether it be a bank, mortgage company, credit union, or other financial institution will provide the buyer with the funds through a mortgage to pay for the house. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86