Market Updates
Home Sales Drop, Prices SurgeRecent data found that sales of existing homes fell 2.5% in August when compared to the previous month's sales. It's slightly lower than analysts expected and is the third straight month of sales coming in below four million.Even though...
Market Updates
Rent Prices Outrun Mortgage Payments Across the NationIn past years, first-time buyers were motivated when they learned that their rent payments were actually larger than mortgage payments (if and when they made the decision to buy). However, during the past few...
Market Updates
The Hardest-Working Emails Have the Best Subject LinesThe next time you log into your business email, don't open any of them. Instead, look at the subject lines for each before you click on one. Which ones make you want to open them? This is what you should be...
Market Updates
How Family Matters Can Convert Indecisive SellersNo matter where property prices and interest rates may be, some homeowners have tremendous difficulty making the decision to sell. They're confronted by daily headlines about the financial aspects of buying and selling,...
Market Updates
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...
Market Updates
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...
Market Updates
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...
Market Updates
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...
Market Updates
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...
Market Updates
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...
Recent Comments