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Buyers, Don’t Make These House Hunting Mistakes!

Lamacchia Realty

BUYERS, DON'T MAKE THESE HOUSE HUNTING MISTAKES! Not Hiring a Buyer’s Agent Some home buyers believe it’s better to work with the listing agent directly hoping they’ll get a better deal than if they hire a buyer’s agent. A buyer’s agent looks out for your best interests. 6 MISTAKES TO AVOID 1.

Buyers 74
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Price Adjustments and the 2023 Market

Lamacchia Realty

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. Inventory didn’t increase at the rate most assumed it would.

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Price Adjustments in this New Housing Market

Lamacchia Realty

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.

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How Many Homes Should I See Before Making an Offer?

Lamacchia Realty

When making such a huge decision, buyers often wonder how many homes they should see before they make an offer on the one they like. Buyers who only see a few homes. There are some buyers who luck out and make an offer on the first home they see. There are some buyers who luck out and make an offer on the first home they see.

Buyers 69
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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

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. But if the home has been available long enough, it’s time to consider adjusting the list price to gain more visibility from more potential buyers.

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The value of a house is NOT determined by the number of offers

Lamacchia Realty

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.

Buyers 36
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Are You A “Want-To-Be” Seller in 2022?

Lamacchia Realty

A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates. There are options and you can make the move.

Sellers 66