Market News August 11

Market News August 11

Springtime Buyers More Active Than UsualEven with some areas short of inventory, this spring's home buyers have still been active to a surprising degree. While property showings declined about 10% in May of this year, this was no surprise for seasoned agents. This was...
Market News August 5

Market News August 5

How To Write Harder-Working Prospect Emails Chances are you regularly send emails to your database of prospects. However, some agents unwittingly make the same messaging mistakes, which means fewer responses. Here are the types of content that should go into...
Market News July 28

Market News July 28

How to Guide Clients Past Negative NewThe national media continues to crank out depressing real estate headlines, harping about rising mortgage rates and lack of homes for sale. But not all of the bad news applies across the board, or to every area. Here's some data...
Market News July 21

Market News July 21

Average Property Prices Reach New HighData released last week found that average home values recently surpassed the $350,000 mark for the first time ever, inching up 1.4% from May to June 2023. However, buyers haven't thrown in the towel, even though many would-be...
Market News July 14

Market News July 14

Help Your Clients Avoid Buyer's RegretBuyer clients are thrilled when they're moved into the new home you helped them buy. But not all homeowners feel this way a few months later for one reason or another. Buyer's remorse is real, and while you may not be able to...
Market News July 7

Market News July 7

Purchase Mortgage Applications Rose in JuneJune remained a popular month for buyers, even with higher interest rates. Mortgage applications increased for three weeks in a row, reflecting increased buyer activity.The Mortgage Bankers Association's Market Composite...
Market News June 30

Market News June 30

Existing Home Sales, Inventory on the Rise (Barely)Waiting for a rise in home sales numbers? The National Association of Realtors® (NAR) reported that existing home sales inched up in May by 0.2%, to a seasonally adjusted annual rate of 4.3 million units. This figure...
Market News June 23

Market News June 23

Selling Rental Properties to Homeowner ClientsSince rental properties are in high demand, you may want to approach your established homeowner clients with listings that are suitable for rental properties. Or a client may be interested in a multi-unit purchase, keeping...
Market News June 16

Market News June 16

Housing Affordability Posts Solid GainRecent data found that housing affordability improved during the first months of 2023.According to the NAHB/Wells Fargo Housing Opportunity Index (HOI), the combination of rising wages, lower mortgage interest rates and lower home...

Market News June 9

It's National Homeownership MonthEven though National Homeownership Month has already begun, you have plenty of time to spread the good news.Your mission: describe the unique benefits of owning one's home, including becoming part of a lasting community, building...