Market News May 17

Market News May 17

Some Homebuyers Never Grow UpEver wonder why your buyer clients' faces light up when you're showing a listing with a back yard pool? Chances are, they've been dreaming about their own pool since they were children. A recent Zillow survey discovered that many childhood...
Market News May 3

Market News May 3

Texas and Florida Sellers Cutting PricesWhile home sales and prices are fluctuating across the nation, two southern states—Texas and Florida — are showing signs of becoming genuine buyers' markets. New data shows that housing supply is surging in these two states, and...
Market News April 26

Market News April 26

Green Building Trends for 2024As we celebrated Earth Day earlier this week, it's an ideal time to check out the builders who are working to add more ecologically-friendly features to their products.When asked about their motivation to build green, the reasons weren't...
Market News April 19

Market News April 19

More Homeowners Trading Golden Handcuffs for ComfortA recent study reported that the "golden handcuffs" worn by homeowners who purchased at low rates will loosen up this year. Prospective sellers are feeling a sense of urgency, with 79% wishing they had listed their...
Market News April 12

Market News April 12

What Happens When Sellers Stop Selling?When you're scouting for new seller clients, you may be concentrating on certain events that often end up in a move. One example: the end of the school season. However, NAR studies have found that more homeowners are staying put...
Market News April 5

Market News April 5

Will April Bring Showers of Sales?Mark your calendar: Mid-April could offer the perfect mix of market conditions for home sellers, according to a new study that analyzed home sale trends.Results of the study found that sellers could earn as much as an additional...
Market News March 29

Market News March 29

Closed Sales Surge in FebruaryEven with a higher interest rate environment, closed sales of existing homes surged by almost 10% last month to 4.38 million. While sales were down 3.3% year-over-year, last month's gains were the largest seen in 12 months. High demand...
Market News March 22

Market News March 22

Mortgage Rates Dip, Applications RiseAn increase in home purchase applications was recorded during the first week of March, driven by mortgage rates dipping below 7% for the first time in more than a month. This suggests that more potential home buyers, tired of...
Market News March 15

Market News March 15

Presidential Incentives for Home Buyers and SellersDuring last week's State of the Union speech, President Biden introduced plans to address the nation's ongoing issues with lack of affordable housing. These plans included the introduction of new tax breaks for...
Market News March 8

Market News March 8

These Seller Myths Are Still Alive and WellWhile most home sellers are ready to take your advice, there are still some myths about pricing and the sale process you may need to address. These are still going strong in today's market.Never Accept the First Offer. While...