Lamacchia Realty

FEBRUARY 22, 2023

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. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Real estate is a long game.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Listing Spark

JUNE 7, 2024

Interest Rates Are High As of May 2024, the loan rate for a 30-year fixed mortgage is 7.06%. These steeper interest rates make it harder to buy homes and place them in the right bracket for easy flips. That bodes well for sellers who purchased their homes in the past, but that’s not an ideal strategy for flippers.

Investors 36

Investors Modernization Real Estate Tools 36

Lamacchia Realty

MARCH 26, 2024

Source Inventory rises when more sellers are listing than buyers are buying. When there are market changes it often takes sellers time to first realize it and then be willing to accept it. This can be particularly important in a buyer’s market, where buyers have many options and sellers need to stand out.

Bracketing 57

Bracketing HOA Sellers Buyers 57

Raleigh Realty

MARCH 29, 2021

You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. Build Equity Every time you make a mortgage payment, you build equity in your home. Whether you own a small home in the center of town or lakeside property, you always will know what your mortgage payment is.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Appraisal Today

APRIL 14, 2023

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. NOTE: Please scroll down to read the other topics in this long blog post on liability, appraisal errors, non-lender appraisals, Fannie non-appraisal options, unusual homes, mortgage origination stats, etc.

Appraisal 52

Appraisal Bracketing Valuation Contracts 52

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. In addition, mortgage rates are at an all-time low. Some companies are offering 30-year fixed-rate mortgages for less than 2.3%.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Clear Capital

DECEMBER 21, 2022

Due to emerging shifts in the mortgage loan market, there is a heightened sense of urgency to review the conventional loan appraisal guidelines. . Whether it is for the borrower, the seller, or the lender, a detailed and error-free appraisal report positively influences the purchase decision and credibility of the process.

Appraisal 69

Appraisal Bracketing Clients Market Value 69

Lamacchia Realty

APRIL 27, 2022

This rise has continued to present day without reason to expect they’ll decrease anytime soon, though the hope is that the rate of increase will slow down especially now that mortgage rates have risen. As mortgage rates increase, housing affordability and securing financing becomes a very real concern for buyers. Seller Resources.

New Listings 51

New Listings Bracketing Inventory Realty 51

Lamacchia Realty

MAY 26, 2022

This rise has continued to the present day without reason to expect they’ll decrease anytime soon, though the hope is that the rate of increase will slow down especially now that mortgage rates have risen. The rise in mortgage rates will inevitably lead to a moderation of price increases given that less buyers will be in the market (i.e.,

New Listings 36

New Listings Bracketing Inventory Realty 36

Housing Wire

DECEMBER 26, 2022

At many title firms, the slowdown in homebuyer demand, due to rising mortgage rates and higher home prices, meant a decrease in order volumes. On top of slowing purchase order volume, rising mortgage rates also decimated refinance orders. What happened to the market?’”.

Insurance 491

Insurance Bracketing Legal Business 491