Bracketing Marketing Realtors Sellers 
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. Fewer sellers need to adjust their price because, again, it’s a seller’s market.
Birmingham Appraisal
JULY 12, 2023
Pricing a property correctly from the outset is crucial for attracting potential buyers and maximizing the seller’s return on investment. However, adding additional expensive features beyond what the market demands may not yield a proportional increase in value.
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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.
Lamacchia Realty
AUGUST 3, 2021
Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. It comes with a negative stigma for sellers to hear that a price adjustment is recommended. The fact is homes sell for the most within the first week of being listed.
Birmingham Appraisal
FEBRUARY 20, 2024
One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy. While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did.
Lamacchia Realty
MARCH 12, 2024
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. However, in a market where prices are increasing, you should not have any problem getting the value of what you paid.
Birmingham Appraisal
FEBRUARY 6, 2024
We see national news stories that say this or that about the housing market, however, it may or may not reflect what is going on in our neck of the woods. If this is true then we need to have a grasp on the different market indicators for our local market. Your market may have other sources of market data as well.
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