Lamacchia Realty

DECEMBER 19, 2023

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2% when compared to November 2022.

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $484,935 (2023) | $554,204 (2024) Condominiums: $318,153 (2023) | $314,791 (2024) Homes Listed For Sale: T he number of homes listed is down by 3.9% In Connecticut, inventory is struggling to recover , and therefore the current levels are unable to meet the buyer demand in the market. What’s next?

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $632,613 (2023) | $702,284 (2024) Condominiums: $633,473 (2023) | $679,516 (2024) Multi-families: $592,514 (2023) | $637,010 (2024) Homes Listed For Sale: T he number of homes listed is up by 8.6% 2024: 4,702 2023: 4,330 2022: 4,636 Pending Home Sales: The number of homes placed under contract is down by 0.4%

Sellers 62

Sellers Real Estate Buyers Inventory 62

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 57

Sellers Real Estate Inventory Buyers 57

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 50

Sellers Real Estate Inventory Buyers 50

Hank Miller Team

MARCH 6, 2024

Greater Atlanta remains one of the strongest national markets, home values are not likely to drop over the next several months. Home Sales Drop in Atlanta From a pure "number of transactions" point, closings and contracts cratered in '22 as buyers rapidly fell out and sellers chased those that remained. '23

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $381,123 (2023) | $475,011 (2024) Condominiums: $470,541 (2023) | $474,813 (2024) Multi-families: $367,522 (2023) | $467,338 (2024) Homes Listed For Sale: T he number of homes listed is up by 13.7% 2024: 1,096 2023: 964 2022: 1,080 Pending Home Sales: The number of homes placed under contract is down by 13.3%

Sellers 56

Sellers Real Estate Buyers Inventory 56

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $653,286 (2022) | $702,935 (2023) Condominiums: $597,287 (2022) | $623,028 (2023) Multi-families: $605,432 (2022) | $671,070 (2023) Homes Listed For Sale: T he number of homes listed is up slightly by 0.02% when compared to October 2022. In Massachusetts, the number of homes sold is down 14.3%

Sellers 65

Sellers Real Estate Buyers Inventory 65

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $546,629 (2022) | $576,610 (2023) Condominiums: $412,457 (2022) | $433,378 (2023) Multi-families: $447,422 (2022) | $507,235 (2023) Homes Listed For Sale: T he number of homes listed is up by 6.7% 2023: 1,858 2022: 1,741 2021: 1,920 Pending Home Sales: The number of homes placed under contract is down by 0.8%

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

FEBRUARY 23, 2024

Single families: $ 525,467 (2023) | $530,608 (2024) Condominiums: $409,028 (2023) | $500,879 (2024) Multi-families: $431,353 (2023) | $489,323 (2024) Homes Listed For Sale: T he number of homes listed is up by 17.9% 2024: 1,140 2023: 967 2022: 1,095 Pending Home Sales: The number of homes placed under contract is up by 6.1%

Sellers 54

Sellers Real Estate Buyers Inventory 54

Lamacchia Realty

DECEMBER 19, 2023

Single families: $663,821 (2022) | $697,656 (2023) Condominiums: $594,726 (2022) | $608,752 (2023) Multi-families: $621,874 (2022) | $658,276 (2023) Homes Listed For Sale: T he number of homes listed is down slightly by 0.69% when compared to November 2022. What does this mean for Buyers ? What does this mean for Sellers ?

Real Estate 63

Real Estate Sellers Buyers Realtors 63

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $517,326 (2023) | $609,905 (2024) Condominiums: $420,479 (2023) | $375,106 (2024) Multi-families: $435,569 (2023) | $535,776 (2024) Homes Listed For Sale: T he number of homes listed is up by 3.8% Many sellers are hesitating to list their homes which is contributing to the low inventory levels.

Sellers 52

Sellers Real Estate Buyers Inventory 52

Housing Wire

MARCH 15, 2024

Mortgage demand has been on the rise for two weeks in a row. Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday. Such homes went under contract typically after 17 days on the market.

New Listings 454

New Listings Inventory Home Value Contracts 454

Lamacchia Realty

DECEMBER 19, 2023

Single families: $549,922 (2022) | $559,251 (2023) Condominiums: $414,921 (2022) | $533,433 (2023) Multi-families: $501,629 (2022) | $469,320 (2023) Homes Listed For Sale: T he number of homes listed is up by 7.3% 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Eppraisal

DECEMBER 6, 2022

An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. In this post, we talk about how issues near and far play a role in home sales. Similarly, higher rates might price some purchasers out of receiving mortgage loans.

Real Estate 69

Real Estate Marketing Home Value Realtors 69

Lamacchia Realty

MARCH 28, 2023

Economic factors , such as rising inflation and increased mortgage rates, are significantly impacting consumer sentiment and spending. However, mortgage rates have fallen from their recent highs and are expected to continue doing so in the coming weeks. buyers), a number that will surely go up with mortgage rate drops.

Sellers 51

Sellers Inventory Buyers Real Estate 51

Lamacchia Realty

MARCH 28, 2023

Economic factors , chiefly rising inflation, continue to severely impact consumer sentiment and spending, especially as mortgage rates rem ain increased. In February, mortgage rose to the high 6%s, and even went over 7% in early March. Remember, bad for the economy usually translates to good for the housing market and mortgage rates.

Sellers 69

Sellers Inventory Buyers Real Estate 69

Lamacchia Realty

APRIL 24, 2023

Economic factors such as inflation, major bank crises, as well as monetary policy will continue to impact mortgage rates as spring rolls on – keeping consumers and experts alike on the edge of their seats. Mortgage interest rates started at around 7% in March, but lowered as the month went on. when compared to March 2022.

Sellers 62

Sellers Buyers Inventory Real Estate 62

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $506,346 (2022) | $560,286 (2023) Condominiums: $290,303 (2022) | $352,789 (2023) Homes Listed For Sale: T he number of homes listed is down by 1.4% Mortgage rates officially went over 8% in the month of October according to Mortgage News Daily. In Connecticut, the number of homes sold is down 12.1%

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

OCTOBER 19, 2023

Single families: $528,879 (2022) | $565,163 (2023) Condominiums: $303,917 (2022) | $316,041 (2023) Homes Listed For Sale: T he number of homes listed is down by 9.8% Additionally, the number of homes listed is down 9.8%. Mortgage rates continued to trend upward through the month of September. What’s next?

Sellers 60

Sellers Real Estate Buyers Realty 60

Eppraisal

APRIL 20, 2021

Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. With limited inventory, home values are on the rise.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Lamacchia Realty

JULY 25, 2023

Furthermore, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. 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. Combined sales are down 21.5%

Sellers 53

Sellers Real Estate Buyers Realty 53

Lamacchia Realty

APRIL 24, 2023

Mortgage rates continue to keep consumers and experts busy as economic factors such as inflation, major bank crises, as well as monetary policy continue to play a huge role in the story through the spring months. Sellers, you should be listing your home NOW to get the most money ! when compared to March 2022.

Sellers 51

Sellers Buyers Inventory Real Estate 51

Lamacchia Realty

JANUARY 24, 2024

Single families: $495,033 (2022) | $552,578 (2023) Condominiums: $296,066 (2022) | $319,672 (2023) Homes Listed For Sale: T he number of homes listed is down by 1.2% 2023: 1,661 2022: 1,681 2021: 2,315 Pending Home Sales: The number of homes placed under contract is down by 2.1% when compared to December 2022.

Sellers 36

Sellers Real Estate Buyers Realty 36

Birmingham Appraisal

JULY 7, 2022

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. Anytime there is a shift in the market there is always the possibility that property values will change. Today I will be sharing my thoughts and give some reasons your home may not appraise in today’s market.

Appraisal 63

Appraisal Marketing Contracts Buyers 63

Will Springer Realtor

JANUARY 9, 2024

The past year witnessed a financial rollercoaster, with interest rates fluctuating between 5.99% and 8.03% for conventional 30-year mortgages, according to Mortgage News Daily. Treasurys and mortgage-backed securities. At the same time, many homeowners are sitting comfortably with low mortgage rates. 14 nationally with 5.5%

Mortgage 36

Mortgage Real Estate Law Lending 36

Lamacchia Realty

APRIL 24, 2023

Mortgage rates continue to keep consumers and experts on their toes. In March, mortgage interest rates started at around 7% , but came down as the month went on. Economic factors such as inflation, major bank crises, as well as monetary policy will continue to dictate the mortgage rate landscape as spring rolls on.

Sellers 62

Sellers Buyers Inventory Real Estate 62

Lamacchia Realty

JULY 25, 2023

Furthermore, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. Fewer 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. Combined sales are down 15.8%

Sellers 50

Sellers Real Estate Buyers Realty 50

Lamacchia Realty

OCTOBER 19, 2023

Single families: $534,807 (2022) | $579,901 (2023) Condominiums: $390,549 (2022) | $453,285 (2023) Multi-families: $503,267 (2022) | $486,230 (2023) Homes Listed For Sale: T he number of homes listed is down by 0.5% Additionally, the number of homes listed is down 0.5%. Mortgage rates already hit 8% in mid-October.

Sellers 54

Sellers Real Estate Buyers Realty 54

Lamacchia Realty

OCTOBER 19, 2023

2023: 561 2022: 867 2021: 903 Data provided by Warren Group & MLSPIN then compared to the prior year. Additionally, the number of homes listed is down 12%. Mortgage rates continued to trend upward through the month of September. Knowing your mortgage options and keeping your preapprovals updated will help in your search.

Sellers 60

Sellers Real Estate Buyers Realty 60

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. Things are starting to look up in 2023 with a break in mortgage rates. [00:05:15]-[00:05:31]

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Eppraisal

APRIL 8, 2021

Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. The NAR cites that in December of 2020 the inventory was down 23% compared to December of 2019. It's a "super seller's market" right now.

Marketing 36

Marketing Inspection Contracts Buyers 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. Combined sales are down 18.6%

Sellers 52

Sellers Real Estate Buyers Realty 52

Lamacchia Realty

JANUARY 24, 2024

Single families: $527,757 (2022) | $539,922 (2023) Condominiums: $417,970 (2022) | $452,000 (2023) Multi-families: $462,542 (2022) | $475,035 (2023) Homes Listed For Sale: T he number of homes listed is up by 1.5% 2023: 799 2022: 787 2021: 996 Pending Home Sales: The number of homes placed under contract is up by 10.9%

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JANUARY 24, 2024

Single families: $649,342 (2022) | $675,591 (2023) Condominiums: $587,796 (2022) | $617,609 (2023) Multi-families: $639,045 (2022) | $611,709 (2023) Homes Listed For Sale: T he number of homes listed is down by 6.5% 2023: 2,367 2022: 2,531 2021: 3,462 Pending Home Sales: The number of homes placed under contract is down by 3.3%

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

MARCH 28, 2023

Rising inflation and other economic factors are having a severe impact on consumer sentiment and spending, especially since mortgage rates rose to over 6%, and even exceeded 7% in early March. Despite the wider economic struggles, this is good news for the housing market and mortgage rates. when compared to February 2022.

Sellers 53

Sellers Buyers Inventory Real Estate 53

Appraisal Today

AUGUST 4, 2023

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting. They really help.

Appraisal 72

Appraisal Business Contracts Real Estate 72