Lamacchia Realty

OCTOBER 25, 2023

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.

Bracketing 64

Bracketing Marketing Sellers Buyers 64

Lamacchia Realty

JUNE 21, 2022

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. The same will be true for sellers.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Zillow

SEPTEMBER 12, 2019

Old inventory may mean deals. Sellers tend to put their homes on the market in the spring, often listing their homes too high right out of the gate. These sellers have fewer chances to capture buyers after Labor Day. By October, you are likely to find desperate sellers and prices below a home’s market value.

Sellers 67

Sellers Buyers Open Houses Inspection 67

Lamacchia Realty

JANUARY 4, 2022

Listing agents are contractually bound to act in the best interest of their seller, not the buyer. 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.

Buyers 74

Buyers Agents Inventory Sellers 74

Lamacchia Realty

AUGUST 3, 2021

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. It comes with a negative stigma for sellers to hear that a price adjustment is recommended.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Marketing Strategies. What Is a Buyer’s Market?

Marketing 36

Marketing Sellers Buyers Real Estate 36