Expect a Calmer Spring Housing MarketWhile there will be competition for move-in ready homes with 2023 prices, you may not see the same crowds that packed open houses in 2021 and 2022.The main reason: mortgage interest rates that are currently hovering at 6-7%....
Busting the Myths: Five Misconceptions About New Homes New construction homes are becoming more popular again. But there are some misconceptions about new homes that prevent many buyers from taking the plunge. Here are five common myths and truths behind new...
House Hunters Leave the SidelinesThe latest consumer price index (CPI) report suggests that the worst of inflation is behind us. This suggests that the Federal Reserve may continue to ease 2023 interest rate increases, causing mortgage rates to decline.Shifts in the...
Student Loan Pause Benefits Homeownership for Young PeopleA new report from the Jain Family Institute found that the recent student loan repayment pause has had a positive impact on young Americans' ability to become homeowners.Specifically, the homeownership rate for...
Create More Sales Opportunities from Every ListingDid you know that you can mine additional sales opportunities from each of your listings?Here are five ways to develop qualified leads after you've put up your FOR SALE sign and posted the listing in the MLS (Multi...
A Look Back...and a Look Forward Last year was a tale of two halves for the housing market. From January through June, we saw continued, dramatic price appreciation. This was fueled by Millennials entering the market, a decade of underbuilding, non-existent inventory,...
It's Time for a CRM CleanupCustomer relations management (CRM) systems are essential for effective marketing campaigns, data management and much more. That's why one of the first things you should do this year is to organize your CRM data.This will lead to better...
New FHA Loan Limits for 2023New loan limits have been announced for FHA loan programs. They will go into effect on January 1, 2023.Basic FHA mortgage limits for single-family homes: $472,030.This represents a $51,350 increase from the current $420,680 limit for...
Consumer Demand for Green Homes is RisingGiven that approximately 25% of the country's energy is used by residential homes, it's no surprise that sustainability is playing a growing role in consumers' home buying decisions.In real estate, sustainable features such as...
Win New Clients Quickly Through TextingMany successful real estate agents use texting to ensure their daily operations run smoothly. It's also a great way to reach new clients and maintain relationships with current buyers and sellers.There are two types of texting —...
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