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. It means they’re down.

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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. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

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Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

JANUARY 4, 2022

Listing agents are contractually bound to act in the best interest of their seller, not the buyer. Not Getting Pre-Approved for Mortgage Looking around for a new home when you have no idea how much money you’ll be able to borrow is setting yourself up for failure and disappointment. A buyer’s agent looks out for your best interests.

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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.

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Lamacchia Realty

AUGUST 3, 2021

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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Housing Wire

OCTOBER 20, 2023

Particularly in the 2023 economy, with interest rates on mortgage rates stubbornly perched around 7.5% and dwindling inventory in most states, today’s brokers must get creative to keep a fresh pipeline of homebuyers coming through the door. Advertising on Zillow can put your website in front of millions of potential buyers and sellers.

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Real Estate Tools Open Houses Advertising 414

Cornerstone

APRIL 2, 2021

Spring also brings major holidays like Easter, giving sellers the chance to decorate for the season and set themselves apart. The past year has been unprecedented for the housing market. Mortgage rates reached new lows multiple times, and buyers took advantage of this surge in affordability by snapping up available houses.

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Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity.

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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. Are you a “Want-to-Be” Seller in 2021? ARE YOU A WANT-TO-BE-SELLER IN 2021?

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Buyers Inventory Sellers Open Houses 36

Lamacchia Realty

JUNE 18, 2021

ARE YOU A WANT-TO-BE-SELLER IN 2021? A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March during the stay-at-home mandates. Worried about having to move twice?

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Home Junction

APRIL 30, 2020

Data can help buyers and sellers get a clearer picture of what is taking place right now. “The housing market is going to be stalled for the spring,” predicted Jessica Lautz, NAR vice president of research. “Buyers and sellers are not necessarily buying and purchasing right now unless they have to.

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Marketing Real Estate Home Value Agents 69

Empire Appraisal Group

JANUARY 4, 2023

Buyer demand has dropped due to rising rates, and seller supply slowed too, creating an uneasy balance. But if buyers drop or sellers expand more, it will impact prices. housing market is in an uneasy state of equilibrium. Consider the various countervailing forces in the market heading into the 2023 inventory surge.

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Inventory Open Houses Sellers Real Estate 78

Lamacchia Realty

MARCH 26, 2024

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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Assurance Financial

MAY 10, 2022

During home shopping, most homebuyers want to know whether the current housing market is a seller’s market or a buyer’s market, along with how to get a good deal in a seller’s market. Buyer’s vs. Seller’s Market. Seller’s Market. What Is a Seller’s Market?

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Marketing Real Estate Agent Sellers Buyers 69

Listing Spark

JULY 5, 2023

Real estate investors who want to stay nimble in this market (especially as inventory stays low and prices stay meteorically high) need to adopt every tool at their disposal to stay informed and to quickly assess homes just entering the marketplace. Zillow: Know What the Buyers and Sellers Are Thinking Zillow is an industry staple.

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Home Junction

MAY 14, 2020

Creates Content Automatically for Potential Sellers. The software will send them market updates with the number of homes for sale, existing inventory, trends in sale prices, and other critical data. In addition, that consistent outreach could come at a moment when a buyer or seller decides, yes, I’m ready to act.

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Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. In addition, mortgage rates are at an all-time low. Some companies are offering 30-year fixed-rate mortgages for less than 2.3%.

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Housing Market Marketing Real Estate Realtors 68

Home Junction

MAY 28, 2020

Third, mortgage rates are still at super historic lows. But many others are citing a major reason for this is because inventory is still low, which frankly, was an issue earlier. Because it may be difficult for buyers to visit multiple properties and attend open houses, the search process will need to be narrowed down ahead of time.

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Marketing Real Estate Agents Buyers 36

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? Buyer’s vs. seller’s markets are a matter of supply and demand.

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Marketing Sellers Buyers Real Estate 36

Lamacchia Realty

JUNE 10, 2022

When COVID hit , policy makers flooded the market with all different kinds of stimulus and the Federal Reserve started buying a historic number of mortgage-backed securities to drive mortgage interest rates down. Home sellers, the market has changed. That’s not going to happen. Congratulations, frustrated home buyers !

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D Fritz Appraisals

JULY 15, 2020

Live-streamed open houses, virtual walkthroughs, masks and sanitizer waiting at listed homes became common as the first weeks wore on. Competitive/ multiple offers have also become common due to limited inventory. The Vancouver Island Real Estate Market Bounces Back. Changes in Pricing Could Lead to New Opportunities.

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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.

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Appraisal Today

JULY 29, 2022

From horror movie-esque semi-abandoned homes for rent to home decor that overshot “unique”, the owners and agents behind these funny ads thought things were perfect just as they were for their photos and open houses. Iconic Zigzag Midcentury House in Sarasota, FL. We’ve seen a massive change in housing inventory.

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Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

MARCH 10, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

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Will Springer Realtor

MARCH 14, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

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Marketing Buyers Inventory Sellers 36

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A 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.

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Houston Properties

JULY 22, 2022

Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. Additional Resources For Houston Home Sellers. Hot housing markets don’t last forever, here are six reasons why now is a great time to sell a Houston home: 1.

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Will Springer Realtor

SEPTEMBER 8, 2021

There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. See the August housing report further below, if you dare!). That’s fair. SMILE FOR THE CAMERA.

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