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Buyers, Don’t Make These House Hunting Mistakes!

Lamacchia Realty

A buyer’s agent will be familiar with local real estate market values and can negotiate a fair offer for the home. Obtain a mortgage pre-approval before going into any open house. Settling Because You Think There’s Nothing Better In a typical year, the inventory of homes on the market fluctuates as the year progresses.

Buyers 74
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5 Reasons to Buy a Home This Fall

Zillow

The spring market blooms right along with the flowers, but the fall market often dwindles with the leaves - and this slower pace could be good for buyers. If you’re in the market for a home, here are five reasons why fall can be a great time to buy. Old inventory may mean deals. Fewer buyers are competing.

Sellers 67
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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. As a result, there’s less demand for the available inventory, creating more price adjustments. See chart below.

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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. If you don’t have any requests for showings and if an open house yields an underwhelming crowd, you should review your list price and lower it to attract more buyers.

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

Assurance Financial

As you might have guessed, the power dynamic leans toward the buyer in a buyer’s market and a seller in a seller’s market. Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. Marketing Strategies. What Is a Seller’s Market?