Lamacchia Realty

FEBRUARY 27, 2024

In Connecticut, inventory is struggling to recover , and therefore the current levels are unable to meet the buyer demand in the market. Many sellers are hesitating to list their homes which is contributing to the low inventory levels. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

DECEMBER 21, 2023

An increase in active inventory as well as new listings is great news for buyers! Inventory has struggled to keep up with relentless buyer demand, especially in South Florida , so more options could lead to less competition and a stabilization or even reduction of prices. What does this mean for Buyers ? What’s next?

New Listings 53

New Listings Real Estate Inventory Sellers 53

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

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

FEBRUARY 27, 2024

In Massachusetts inventory is up when compared to 2022, but not nearly enough to meet the buyer demand in the market. Many sellers are hesitating to list their homes which is contributing to the low inventory levels. Many are also concerned that they will not be able to find a home to move into after theirs sells.

Sellers 62

Sellers Real Estate Buyers Inventory 62

Lamacchia Realty

NOVEMBER 27, 2023

October proved to be a challenging month for buyers, with mortgage rates reaching levels not seen for more than 20 years, and inventory levels still unable to support demand. However, inventory levels are increasing, recently surpassing 2021 levels. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 65

Sellers Real Estate Buyers Inventory 65

Lamacchia Realty

NOVEMBER 27, 2023

October proved to be a challenging month for buyers, with mortgage rates reaching levels not seen for more than 20 years, and inventory levels still unable to support demand. However, inventory levels are increasing, recently surpassing 2021 levels. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

FEBRUARY 22, 2022

It shows how a home valued at $500,000 with a 20% down payment will cost monthly at a mortgage rate of 3.0% compared to that same home, 10% higher in cost with a mortgage rate increase to 3.75%- a $352 a month increase on top of needing to put $10,000 more down. That’s the cost of waiting.

Mortgage 65

Mortgage Realty Home Value Inventory 65

Lamacchia Realty

FEBRUARY 27, 2024

In Maine inventory is up when compared to 2022, but not nearly enough to meet the buyer demand in the market. Many sellers are hesitating to list their homes which is contributing to the low inventory levels. Many are also concerned that they will not be able to find a home to move into after theirs sells.

Sellers 56

Sellers Real Estate Buyers Inventory 56

Lamacchia Realty

FEBRUARY 23, 2024

In New Hampshire inventory is up when compared to 2022, but not nearly enough to meet the buyer demand in the market. Many sellers are hesitating to list their homes which is contributing to the low inventory levels. Many are also concerned that they will not be able to find a home to move into after theirs sells.

Sellers 55

Sellers Real Estate Buyers Inventory 55

Lamacchia Realty

DECEMBER 19, 2023

Even though inventory levels are increasing, they aren’t increasing enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. Working with an experienced REALTOR® can help you get the most money for your home!

Real Estate 64

Real Estate Sellers Buyers Realtors 64

Lamacchia Realty

OCTOBER 20, 2023

The South Florida real estate market saw an increase in new listings and an increase in active inventory, but home sales are still down when compared to September 2022. We hope to see a continued trend toward market stabilization for South Florida, especially if inventory continues its upward trend.

New Listings 57

New Listings Real Estate Sellers Inventory 57

Lamacchia Realty

FEBRUARY 27, 2024

In Rhode Island, inventory is struggling to recover , and therefore the current levels are unable to meet the buyer demand in the market. Many sellers are hesitating to list their homes which is contributing to the low inventory levels. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 52

Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

NOVEMBER 27, 2023

In October 2023, we again saw increases in new listings and active inventory. but so is availability as inventory has struggled to keep up with buyer demand, especially in a high-demand area like South Florida. Therefore, an increase in listings and active inventory is great news! What does this mean for Buyers ?

New Listings 50

New Listings Sellers Real Estate Inventory 50

Lamacchia Realty

APRIL 24, 2023

Listings in New Hampshire are down significantly year over year as many sellers are hesitating to list their homes. However, listing your home NOW could get you the most money ! Lack of inventory coupled with high buyer demand has intensified the level of competition in the market, exemplified by the return of bidding wars.

Sellers 62

Sellers Buyers Inventory Real Estate 62

Lamacchia Realty

JULY 25, 2023

In fact, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. Many potential sellers are hesitating to list their homes to avoid losing their 2-3% pandemic-era mortgage rate. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 50

Sellers Buyers Real Estate Inventory 50

Lamacchia Realty

DECEMBER 19, 2023

Even though inventory levels are increasing, they aren’t increasing enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. Working with an experienced REALTOR® can help you get the most money for your home!

Real Estate 57

Real Estate Sellers Buyers Realtors 57

Lamacchia Realty

MARCH 28, 2023

Many sellers are hesitating to list their homes to keep their low, pandemic mortgage rate, but we are starting to see an increase in homes listed meaning more options and therefore less competition in the market. Sellers, right now is the best time to get your home on the market to sell it for more than you would in a few months.

Sellers 51

Sellers Inventory Buyers Real Estate 51

Lamacchia Realty

JANUARY 24, 2024

South Florida has faced relentless buyer demand throughout 2023, but an increase in active inventory is great news for buyers as more options could lead to less competition and a stabilization or even reduction of prices. Instant Home Evaluation See immediately how this market is impacting your home value. What’s next?

New Listings 36

New Listings Sellers Real Estate Buyers 36

Lamacchia Realty

MARCH 28, 2023

However, the sooner you list your home, the more you will sell it for versus waiting a few more months. Right now, inventory is near its lowest, but there are serious buyers in the market looking to purchase. Once inventory starts to rise, that advantage weakens. Don’t overplay your hand!

Sellers 69

Sellers Inventory Buyers Real Estate 69

Lamacchia Realty

APRIL 24, 2023

Sellers, you should be listing your home NOW to get the most money ! Currently, buyers are facing a lack of inventory, even more so in Connecticut where year-over-year inventory is at its lowest level since 2017! Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 51

Sellers Buyers Inventory Real Estate 51

Lamacchia Realty

NOVEMBER 27, 2023

The number of homes listed is inching closer and closer to 2022 levels which is a good indicator of market activity. October proved to be a challenging month for buyers, with mortgage rates reaching levels not seen for more than 20 years, and inventory levels still unable to support demand. What does this mean for Buyers ?

Sellers 59

Sellers Real Estate Buyers Inventory 59

Lamacchia Realty

JULY 25, 2023

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. As such, inventory is battling to keep up with the buyer demand that is currently in the market.

Sellers 53

Sellers Real Estate Buyers Realty 53

Lamacchia Realty

APRIL 24, 2023

This stat is not due to a lack of buyers, but rather a lack of sellers as many are hesitating to list their homes. Sellers, list your home NOW for the most money ! Right now, the number of active buyers compared to available inventory is unbalanced, tipping in the favor of sellers.

Sellers 63

Sellers Buyers Inventory Real Estate 63

Lamacchia Realty

JANUARY 24, 2024

We are also still seeing sellers hesitate to list their homes because they do not want to give up their low pandemic-era mortgage rate. Additionally, many sellers are also buyers , so given current inventory levels , many are concerned that they will not be able to find a home to move into after their home sells.

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JULY 25, 2023

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. As such, inventory is struggling to rise enough to keep up with the buyer demand that is currently in the market.

Sellers 50

Sellers Real Estate Buyers Realty 50

Lamacchia Realty

OCTOBER 19, 2023

Additionally, the number of homes listed is down 9.8%. Inventory levels are struggling to keep up with buyer demand in the market which means there are fewer available homes for buyers to choose from. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 60

Sellers Real Estate Buyers Realty 60

Lamacchia Realty

OCTOBER 19, 2023

Additionally, the number of homes listed is down 0.5%. Inventory levels are struggling to keep up with buyer demand in the market which means there are fewer available homes for buyers to choose from. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 54

Sellers Real Estate Buyers Realty 54

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.

Sellers 53

Sellers Real Estate Buyers Realty 53

Lamacchia Realty

OCTOBER 19, 2023

Additionally, the number of homes listed is down 12%. Inventory levels are struggling to keep up with buyer demand in the market which means there are fewer available homes for buyers to choose from. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 60

Sellers Real Estate Buyers Realty 60

Lamacchia Realty

MARCH 28, 2023

We are starting to see more sellers list their homes, which increases the supply and provides more options for buyers, resulting in less competition in the market. Interestingly in Connecticut, year-over-year inventory levels are at their lowest since 2017 which varies from states like MA and NH.

Sellers 54

Sellers Buyers Inventory Real Estate 54

Lamacchia Realty

JANUARY 24, 2024

We are also still seeing sellers hesitate to list their homes because they do not want to give up their low pandemic-era mortgage rate. Additionally, many sellers are also buyers , so given current inventory levels , many are concerned that they will not be able to find a home to move into after their home sells.

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JANUARY 24, 2024

We are also still seeing sellers hesitate to list their homes because they do not want to give up their low pandemic-era mortgage rate. Additionally, many sellers are also buyers , so given current inventory levels , many are concerned that they will not be able to find a home to move into after their home sells.

Sellers 36

Sellers Real Estate Buyers Realty 36

Raleigh Realty

JULY 12, 2022

The median sales price in Raleigh for a home ($419,000) is lower than the national median ($423,600). While resale homes are spending less time on the market, there are still more homes for sale than buyers in Raleigh. More Raleigh residents live in an owned home than a rented one. Home values will increase through 2022.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Lamacchia Realty

JUNE 10, 2022

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.

Marketing 62

Marketing Sellers Buyers Inventory 62

Lamacchia Realty

MARCH 28, 2023

The significant decrease in pendings is an indicator of diminished buyer demand for these property types, and clearly, it is much lower than what we are seeing for single-family homes. Instant Home Evaluation See immediately how this market is impacting your home value.

New Listings 56

New Listings Sellers HOA Buyers 56

Lamacchia Realty

JUNE 21, 2021

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. This means that more inventory is lingering on the market now that more homes are being listed.

Inspection 69

Inspection Buyers Inventory Sellers 69