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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. That’s because fewer homes are being placed under contract. How do you know your house is overpriced? See chart below.

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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. appeared first on Lamacchia Realty. Protect Yourself as a Buyer.

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17 Realtors® Go Back in Time: First Year Real Estate Advice

Raleigh Realty

Not only does this help new agents learn all the inventory in their local markets but it also gets them familiar with driving through all the subdivisions and neighborhoods. I worked open houses, made daily calls to my database, and focused on my “sphere”. Do read the fine print about canceling the contract.

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The housing market faced uncertainty in March, but now ‘it’s a circus’

Housing Wire

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In

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Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

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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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Properties are still going under contract. Based on last year’s sales data, the number of homes that have gone under contract is still consistent with figures prior to the coronavirus and the oil price crash. While 2020 has been a record year, the Houston housing market is still facing a lot of uncertainties.

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Are you a “Want-to-Be” Seller in 2021?

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 during the stay-at-home mandates. Protect Yourself As a Buyer. If you do this, you must protect yourself.

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