Lamacchia Realty

NOVEMBER 27, 2023

Although slight, the number of homes listed was up 0.02% compared to this time last year which is a good indicator of market activity as things aren’t decreasing. What does this mean for Buyers ? However, inventory levels are increasing, recently surpassing 2021 levels. However, homes DO sell during the holidays !

Sellers 62

Sellers Real Estate Buyers Inventory 62

Lamacchia Realty

FEBRUARY 27, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 53

Sellers Real Estate Buyers Inventory 53

Lamacchia Realty

FEBRUARY 27, 2024

What does this mean for Buyers ? Despite the continuous demand to live in South Florida , inventory in South Florida over the last several months has been rising, and this month the trend continued with levels just slightly above 2021. As such, buyer affordability is still diminished due to mortgage rates and increasing home prices.

Inventory 50

Inventory Sellers Real Estate Buyers 50

Lamacchia Realty

FEBRUARY 23, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 52

Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

FEBRUARY 27, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 59

Sellers Real Estate Buyers Inventory 59

Lamacchia Realty

FEBRUARY 27, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 55

Sellers Real Estate Buyers Inventory 55

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Even though inventory levels are increasing, they aren’t increasing enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well.

Real Estate 60

Real Estate Sellers Buyers Realtors 60

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 connecticut housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

Sellers 55

Sellers Real Estate Inventory Buyers 55

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 massachusetts housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

Sellers 54

Sellers Real Estate Inventory Buyers 54

Lamacchia Realty

NOVEMBER 27, 2023

The number of homes listed is inching closer and closer to 2022 levels which is a good indicator of market activity. What does this mean for Buyers ? October proved to be a challenging month for buyers, with mortgage rates reaching levels not seen for more than 20 years, and inventory levels still unable to support demand.

Sellers 55

Sellers Real Estate Buyers Inventory 55

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Even though inventory levels are increasing, they aren’t increasing enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well.

Real Estate 54

Real Estate Sellers Buyers Realtors 54

Lamacchia Realty

NOVEMBER 27, 2023

The number of homes listed was up 6.7% What does this mean for Buyers ? October proved to be a challenging month for buyers, with mortgage rates reaching levels not seen for more than 20 years, and inventory levels still unable to support demand. However, inventory levels are increasing, recently surpassing 2021 levels.

Sellers 55

Sellers Real Estate Buyers Inventory 55

Lamacchia Realty

FEBRUARY 27, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 50

Sellers Real Estate Buyers Inventory 50

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 new hampshire housing report July Highlights Mortgage rates and inventory levels continue to shape the housing market landscape as we continue through the summer months. Home sales are down once again in the month of July, and homes listed is also down when compared to this time last year.

Sellers 47

Sellers Real Estate Inventory Buyers 47

Lamacchia Realty

MARCH 28, 2023

Buyers – lowered mortgage rates increase your affordability ! There are also several mortgage products available to you such as buydowns and assumptions that can make buying a home more feasible in this market. However, the sooner you list your home, the more you will sell it for versus waiting a few more months.

Sellers 66

Sellers Inventory Buyers Real Estate 66

Lamacchia Realty

JUNE 21, 2021

As it starts to potentially slide back into its regular rhythm, buyers may find themselves in unfamiliar territory. For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. This is exactly what frustrated buyers have been begging for from the market for the past 12 months.

Inspection 68

Inspection Buyers Inventory Sellers 68

Lamacchia Realty

APRIL 24, 2023

Many buyers took advantage of rates when they dipped since financing with a lower rate increases overall buyer affordability! In Q1 2023, the number of homes listed in Massachusetts was the lowest in recorded history. Sellers, list your home NOW for the most money !

Sellers 59

Sellers Buyers Inventory Real Estate 59

Lamacchia Realty

OCTOBER 19, 2023

Additionally, the number of homes listed is down 9.8%. What does this mean for Buyers ? Inventory levels are struggling to keep up with buyer demand in the market which means there are fewer available homes for buyers to choose from. Mortgage rates continued to trend upward through the month of September.

Sellers 57

Sellers Real Estate Buyers Realty 57

Lamacchia Realty

MARCH 28, 2023

Sellers, right now is the best time to get your home on the market to sell it for more than you would in a few months. Inventory is low and there are serious buyers looking to purchase, but as more inventory inevitably becomes available as we head further into the year, buyers will have more options to choose from and your advantage is lost.

Sellers 48

Sellers Inventory Buyers Real Estate 48

Lamacchia Realty

APRIL 24, 2023

With these ebbs and flows, serious buyers need to stay tuned into the market so that they are ready to strike if rates drop down. Financing with a lower rate increases overall buyer affordability, so make sure you have updated preapprovals and have reviewed all your mortgage options.

Sellers 59

Sellers Buyers Inventory Real Estate 59

Lamacchia Realty

NOVEMBER 27, 2023

In October 2023, we again saw increases in new listings and active inventory. What does this mean for Buyers ? Not only is affordability a concern for buyers given current mortgage rates, inflation, etc., Not only is affordability a concern for buyers given current mortgage rates, inflation, etc.,

New Listings 48

New Listings Sellers Real Estate Inventory 48

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? During this time of year, we typically see buyer activity slow given the holidays and weather. If you are a serious buyer who is ready to buy this winter, make sure you take the necessary steps to prepare before starting the search to make sure you are set up for success! What’s next?

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 south florida housing report July Highlights Mortgage rates and limited inventory continue to be the driving factors behind today’s real estate market data – specifically sticking out when looking at home sales and new listings which are both down across all counties and categories in South Florida. compared to July 2022.

New Listings 51

New Listings Inventory Real Estate Sellers 51

Lamacchia Realty

JUNE 10, 2022

Despite all of it competition is still strong, and buyers are still out there, but with average prices increasing also at historic rates since 2020 and with the cost increase of borrowing, a shift in the market is happening. Congratulations, frustrated home buyers ! We aren’t at pre-COVID levels yet, but we are on the path.

Marketing 59

Marketing Sellers Buyers Inventory 59

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? During this time of year, we typically see buyer activity slow given the holidays and weather. If you are a serious buyer who is ready to buy this winter, make sure you take the necessary steps to prepare before starting the search to make sure you are set up for success! What’s next?

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

DECEMBER 21, 2023

What does this mean for Buyers ? An increase in active inventory as well as new listings is great news for buyers! Inventory has struggled to keep up with relentless buyer demand, especially in South Florida , so more options could lead to less competition and a stabilization or even reduction of prices.

New Listings 50

New Listings Real Estate Inventory Sellers 50

Raleigh Realty

JULY 12, 2022

Raleigh Real Estate Supply Raleigh is currently in a buyer’s market, which means there are more homes for sale than available buyers. This means buyers have more power to negotiate for lower pricing. However, in Raleigh, homes typically sell for above the asking price. Home values will increase through 2022.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Lamacchia Realty

APRIL 24, 2023

During periods of lowered rates, buyers were quick to obtain financing as lower rates increase their affordability. Therefore, if you are a serious buyer, make sure your preapprovals are updated and you are aware of all your mortgage options – be ready to strike when rates possibly reach a low point again!

Sellers 48

Sellers Buyers Inventory Real Estate 48

Lamacchia Realty

OCTOBER 20, 2023

The South Florida real estate market saw an increase in new listings and an increase in active inventory, but home sales are still down when compared to September 2022. What does this mean for Buyers ? Generally, buyer demand is strong despite ongoing affordability issues caused by mortgage rates, inflation, etc.,

New Listings 53

New Listings Real Estate Sellers Inventory 53

Lamacchia Realty

OCTOBER 19, 2023

Additionally, the number of homes listed is down 12%. What does this mean for Buyers ? Inventory levels are struggling to keep up with buyer demand in the market which means there are fewer available homes for buyers to choose from. Mortgage rates continued to trend upward through the month of September.

Sellers 57

Sellers Real Estate Buyers Realty 57

Lamacchia Realty

OCTOBER 19, 2023

Additionally, the number of homes listed is down 0.5%. What does this mean for Buyers ? Inventory levels are struggling to keep up with buyer demand in the market which means there are fewer available homes for buyers to choose from. Mortgage rates continued to trend upward through the month of September.

Sellers 51

Sellers Real Estate Buyers Realty 51

Lamacchia Realty

JULY 25, 2023

This can generally be attributed to sellers hesitating to put their homes on the market as they do not want to lose their low 2-3% mortgage rates from the pandemic. As such, inventory is battling to keep up with the buyer demand that is currently in the market. These conditions would normally lead to a sharp increase in prices.

Sellers 50

Sellers Real Estate Buyers Realty 50

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? During this time of year, we typically see buyer activity slow given the holidays and weather. If you are a serious buyer who is ready to buy this winter, make sure you take the necessary steps to prepare before starting the search to make sure you are set up for success! What’s next?

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JULY 25, 2023

The low number of listings can mainly be attributed to sellers hesitating to put their homes on the market as they do not want to lose their low 2-3% mortgage rates from the pandemic. As such, inventory is struggling to rise enough to keep up with the buyer demand that is currently in the market. Watch the full video here !

Sellers 49

Sellers Real Estate Buyers Realty 49

Lamacchia Realty

MARCH 28, 2023

For buyers, lower mortgage rates increase affordability , and there are several mortgage products available, such as buydowns and assumptions , that can make buying a home more feasible in this market. Interestingly in Connecticut, year-over-year inventory levels are at their lowest since 2017 which varies from states like MA and NH.

Sellers 51

Sellers Buyers Inventory Real Estate 51

Lamacchia Realty

JANUARY 24, 2024

What does this mean for Buyers ? South Florida has faced relentless buyer demand throughout 2023, but an increase in active inventory is great news for buyers as more options could lead to less competition and a stabilization or even reduction of prices. What’s next?

New Listings 36

New Listings Sellers Real Estate Buyers 36

Lamacchia Realty

JULY 25, 2023

In fact, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. Many potential sellers are hesitating to list their homes to avoid losing their 2-3% pandemic-era mortgage rate. Buyers, there is a cost to waiting.

Sellers 47

Sellers Buyers Real Estate Inventory 47