Almost 50% of Listing Inquiries Are Ignored. Ouch.Real estate tech strategist Mike DelPrete recently conducted a "secret shopper" test to see how many real estate agents responded to online inquiries for property listings. While he only contacted a total of 100 agents...
Why Buyers Aren't Reacting to Lower RatesAlthough mortgage interest rates were headed south two weeks ago, we're still not sure if this will be sufficient incentive to move buyers off the sidelines and into Open Houses. We're also unable to say if rates will continue...
Signs of Better Times for BuyersEven as home prices continue to rise, some experts have spotted signs that the housing market is beginning to improve in some locations.These observations may cheer up your prospects who are still waiting for the market to begin to...
Convincing Renters They're Mortgage-ReadyWhile higher prices have caused some renters to postpone buying their first home, recent data from a Census Bureau survey found that millions of renters may be able to afford a home but are unaware of this fact. Census data...
Inflation Numbers Cool in JuneLast week, the Consumer Price Index (CPI) declined 0.1% from the previous month, which put the 12-month rate at 3%. This is the lowest CPI level in more than three years and may result in lower interest rates later this year.While food...
New Jobs Report May Fuel a Federal Rate CutWhen unemployment rises, this may seem like bad news, but sometimes there's a silver lining. Last month's employment data reflected a cooling jobs market, which suggests that we may finally see a rate cut from the Federal...
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