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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
Recent Comments