Key Takeaways: – 2022 was a historic year for housing with a significant home sales crash and mortgage rates increasing from 3% to 7%. – Despite expectations of a crash in home prices in 2023, prices quickly rebounded and reached all-time highs. – Mortgage rates increased to 8%, but the number of homes taking price…
Key Takeaways: – Establishing a structured recruitment process is crucial for attracting and recruiting agents. – Utilizing diverse sources, such as MLS data, licensing schools, job boards, agent referrals, and social media, can help in finding potential agents. – Creating comprehensive agent personas and tailoring recruitment efforts to specific agent types can lead to more…
Key Takeaways: – Mortgage rates increased due to news of higher than expected job growth in November – The job growth is seen as a positive sign for the economy, but also raises uncertainty about future interest rate cuts by the Federal Reserve – Bond market investors are now less certain about the need for…
Key Takeaways: – High mortgage rates, lack of inventory, and elevated home prices have made 2023 the least affordable year for homebuyers on record. – Wages did not increase as fast as homebuying costs, leading to decreased affordability. – The Federal Reserve’s restrictive monetary policy and rate hikes contributed to the surge in mortgage rates….
Key Takeaways: – Zillow predicts that more homeowners will list their homes as interest rates remain high, leading to an increase in housing supply. – With more supply, home price growth is expected to slow down, offering potential affordability boosts for buyers. – Urban areas are experiencing a resurgence in popularity, with rental demand surging…
Key Takeaways: – The old way of doing business is no longer effective and it is time to adapt to new market challenges and opportunities. – Inman Connect New York is an event where individuals can come together to conquer these challenges and prepare for the future. – Inman Top 5 provides a quick catch-up…
Key Takeaways: – It is important to articulate the value you bring when representing a homebuyer in a real estate transaction. – Use a buyer prequalification questionnaire to understand the needs and criteria of your buyers. – Educate your clients about different financing options and connect them with a trusted mortgage professional. – Strategize with…
Key Takeaways: – Despite unpredictable mortgage rates, there is a huge opportunity for real estate investors in 2024. – The BiggerPockets 2024 State of Real Estate Report provides insights and strategies for investors. – The residential real estate market entered 2023 in a correction, with slow sales and low affordability. – Rent growth has been…
Key Takeaways: – The old way of doing business is over and it’s important to adapt to today’s market challenges and prepare for future opportunities. – Nick Zawitz, Managing Partner of The Agency Cleveland, shares his experience and insights in the real estate industry. – Zawitz emphasizes the importance of choosing a brokerage with strong…
Key Takeaways: – Course Formats: Live and on-demand classes – Course Access: 180 days to complete the 40-hour course – Course Guarantee: Free retake within 12 months if you don’t pass the exam – Student Support & Engagement: Real-life instructors available via email and phone – Exam Prep: License Exam Review Course with video recaps…
