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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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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Inventory is still very tight despite a slight increase, and as you can see in the chart below from our Massachusetts Updates page , the percentage of homes placed under agreement out of total inventory is still higher than it ever has been but its noticeably lower than it was in the first six months of the year.

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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”. Develop a niche and/or positioning (and target audience).

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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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Guide To Piney Point Village Luxury Real Estate

Houston Properties

The Piney Point real estate market can be challenging to navigate, especially with its low inventory. By the 1950s and 60s, Houston’s suburban boom pushed development in nearby neighborhoods including Piney Point. Houston was extending its borders outside the confines of Loop 610 In the midst of these developments.

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Guide To ALL Piney Point Homes For Sale

Houston Properties

During Houston’s suburban boom in the 1950s and 60s, development along the Buffalo Bayou also started in earnest. These developments led to several upper-middle-class subdivisions along the Bayou. Other factors also come into play, including tight inventories and high demand. Piney Point Village Schools.