Market Updates
New Construction Numbers Flatten Existing Home SalesTwo major housing reports were recently released: the U.S. Census Bureau's New Residential Sales and NAR's Pending Home Sales. The former focuses on new construction, while the pending sales data supplies an early...
Market Updates
More Couples Say "I Do" To Home Ownership HelpNew research about engaged couples found that their wedding registries include much more than toasters. More couples than ever — around 20% — are adding home purchase funds as one of the gifts that their family, friends...
Market Updates
How To Keep Selling in a Down MarketEven if you're relatively new to real estate, you're probably aware of its cyclical nature. However, the current market atmosphere isn't the entire story.Some agents close plenty of sales every month, even in a down market. This is...
Market Updates
Reduce Clients' Worries About Financial DoomsayersReduce Clients' Have a few clients voiced concerns about another housing crash on the horizon? As you're aware, today's market is very different, although a few self-proclaimed pundits are comparing 2008 to 2023. Here...
Market Updates
Consumer Costs CoolingRecent Commerce Department data contained some good news for inflation haters: details of a major slowdown in consumer price increases as well as less consumer spending. This is the sort of news that the Federal Reserve has been waiting for and...
Market Updates
No Rate Hike This Month...But What About Later?Many economists and real estate experts are predicting that the housing market will remain subdued until the Federal Reserve starts cutting rates next year. Unfortunately, a final rate hike for 2023 is expected to be...
Market Updates
Will Rates Rise This Week? This Year?If you're worried about another rate hike affecting already-high mortgage rates, here's some good news: The Federal Reserve is not expected to announce another rate hike this week. However, this doesn't mean that we've seen the end...
Market Updates
Rejected FHA Borrowers Get Another ChanceIf you've ever lost a sale because your buyer clients were rejected for FHA financing, here's a great reason to reach out to them. Now these borrowers can re-apply for FHA financing without running into the Mortgage Credit...
Market Updates
Marketing To Boomers: Why You Should and How to Do It Many agents are convinced they should concentrate their marketing skills to Millennials and Gen X prospects while overlooking Boomers in the 59 to 77 age group. While Boomers are sometimes blamed for the current...
Market Updates
Don't Diss Direct MailIt's easy to overlook the value of a mailed direct marketing campaign in a world of emails and TikTok. However, it's more valuable than ever. Here are some reasons why.Higher Response Rates. Direct mail has always been a leader in response rates,...
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