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You wanted more homes to choose from and you got it so don’t miss out

Lamacchia Realty

For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. It was rare to find a properly priced home for sale that wasn’t receiving multiple over-asking offers after a mobbed open house. Discovering Old Electrical Panels at a Florida Home Inspection.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

While 2020 has been a record year, the Houston housing market is still facing a lot of uncertainties. We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps. We find team approach as the most effective way to sell homes.

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How to Take Advantage of the Cooler Summer Market

Lamacchia Realty

For the first time in years inventory is at the same level as the year prior as depicted in the chart above, and single families are higher as depicted in the chart below. This will continue throughout the year and the number of homes will continue to increase and climb above 2021, 2020, and rise to about 2019, before-COVID levels.

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Buyer’s vs. Seller’s Market: How to Tell the Difference

Assurance Financial

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. Marketing a home in a buyer’s market vs. a seller’s market requires different tactics. Make repairs: When buyers have more houses to choose from, they tend to be pickier about their options.

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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions. With higher home values come higher rental rates. The biggest challenge right now is the low inventory.