buyers-waited-for-falling-prices-big-mistake 
Empire Appraisal Group
DECEMBER 1, 2022
Buyers Waited for Falling Prices? Big Mistake. Source: Buyers Waited for Falling Prices? Big Mistake | Florida Realtors. Assuming those rates don’t change, home prices would have to dive 45% for monthly mortgage payments to return to year-ago levels.
Lamacchia Realty
JUNE 21, 2022
Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Price adjustments/decreases were up across the country in May.
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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. As you can see in the graph below, June is typically when we see the first peak in price adjustments, with the largest number generally occurring in the fall.
Lamacchia Realty
DECEMBER 28, 2021
It was the year of the frustrated buyer, particularly in the first half of the year. The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. Remember only one offer can win so this caused lots of disappointment for both buyers and buyer’s agents alike.
Lamacchia Realty
SEPTEMBER 29, 2022
The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for August 2022 compared to August 2021. Average price increased in both property types. Broward County.
Assurance Financial
JULY 23, 2021
But it can take many years to save up 20% of a home’s price, especially if you’re buying in a market with high housing prices. Here’s what you need to know as you prepare to pursue your dream of becoming a homeowner. 10 Steps to Get a Mortgage Loan. What does it take to qualify for a mortgage? Next, set a target date.
Appraisal Today
MAY 20, 2022
Price per square foot not very reliable for appraisals. 5 Mansions Priced Under $ Million . Price: $725,000. In my area, not much, with the median price at $1,300,000 and few listings under $1,000,000. =. Excerpts: A “luxury” home is not so much about price tag as it is about quality and customization.
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