Market Updates
Pending Home Sales Up in Most Metro AreasDemand for homes is proving surprisingly resilient in the weeks before Election Day. Pending home sales rose 3.5% annually during the four weeks ending October 20, which added up to the next-to-biggest increase in three years....
Market Updates
Many First-time Buyers Waiting Until 2025While some types of sales have actually increased in the weeks before a presidential election, others haven't...and unfortunately, this includes homes.A Redfin survey found that 23% of respondents who are planning to buy a home...
Market Updates
Scare Up More Business This MonthHalloween is the third-most popular holiday, and 70% of Americans are planning to celebrate it in some fashion. Here's how you can join them.Decorate your office with fun, spooky decor and play your favorite Halloween songs.Host a...
Market Updates
Home Buyers Cheer Up SlightlyEarlier this week, the Fannie Mae Home Purchase Sentiment Index® (HPSI) September numbers were released. The main index increased 1.8 points to 73.9, which is the highest level in more than two years. Around 42% of survey respondents were...
Market Updates
Are Affordable Homes Just Around the Corner?Two new studies found that affordability is improving for home buyers while suggesting that 2025 may be a better year all around.Recent data from First American Economic Data found that annual affordability improved 4.4% for...
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...
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