Selling Rental Properties to Homeowner ClientsSince rental properties are in high demand, you may want to approach your established homeowner clients with listings that are suitable for rental properties. Or a client may be interested in a multi-unit purchase, keeping...
Housing Affordability Posts Solid GainRecent data found that housing affordability improved during the first months of 2023.According to the NAHB/Wells Fargo Housing Opportunity Index (HOI), the combination of rising wages, lower mortgage interest rates and lower home...
It's National Homeownership MonthEven though National Homeownership Month has already begun, you have plenty of time to spread the good news.Your mission: describe the unique benefits of owning one's home, including becoming part of a lasting community, building...
Inventory Increases, Sales SlideThe ever-unpredictable real estate market tossed agents another curve ball last month.Existing home sales fell 3.4% in April from March, with sales over 23% lower year-over-year. However, there was a slight, 1% increase in the inventory...
Mortgage Demand Surges After Fed Suggests Rate Hike PauseAfter 14 months of Federal Reserve rate hikes, chairman Jerome Powell hinted at a potential end to the inflation cooling strategy.This had a positive effect on mortgage rates. They fell slightly in the first...
Renters Take Opposing Views on Home OwnershipConsidering that renters are still priced out of the market in some areas, many of them are feeling hopeless about their prospects.While 51% of them consider home ownership an extremely important financial goal, many are...
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