Contracts Inventory Mortgage Open Houses 
Housing Wire
MARCH 5, 2024
“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S.
Housing Wire
MARCH 15, 2024
Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule.
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Lamacchia Realty
JUNE 21, 2022
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. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.
Housing Wire
MAY 10, 2023
You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity.
Lamacchia Realty
MARCH 17, 2022
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. Protect Yourself as a Buyer. If you do this, you must protect yourself.
Houston Properties
JANUARY 13, 2021
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%. 2020 ended favoring sellers.
Lamacchia Realty
MARCH 26, 2024
As you can see in the chart below, Florida has the highest shift in rising inventory over the past twelve months. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023. Source Inventory rises when more sellers are listing than buyers are buying.
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