Weekly Market Observations — November 8, 2023
Wednesday, November 08
Here’s Our Weekly Market Observations : Existing home sales fall below 4 million in SeptemberU.S. home prices rise for 7th straight monthJury rules against NAR in high-stakes commissions lawsuitLead attorney files another lawsuit against NAR and numerous other brokeragesAverage 30-year fixed mort...
Increase Revenue By 210% With One Simple Change
Tuesday, November 07
Are you actively marketing for motivated seller leads? You're probably leave $100k+ in revenue on the table by doing this one thing. Trying to force all leads into deep discount deals. That's like trying to fit a square peg in a round hole. Of 100 homeowners interested in selling, how many accep...
Weekly Market Observations — October 31, 2023
Tuesday, October 31
Here’s Our Weekly Market Observations : Pending home sales increased 1.1% in September from August while declining 11% YOYNew multifamily development sharply declines as the financing "circuit breaker" trippedBlackstone predicts tailwinds for landlords with low inventory and slowing housing const...
Weekly Market Observations — October 24, 2023
Tuesday, October 24
Here’s Our Weekly Market Observations : Existing home sales drop 2% in September from August and 15.4% YOY Inventory climbed 2.7% in September with supply now at 3.4 months Median existing home sales price increased 2.8% YOY to $394,300 Mortgage demand falls to 28 year low Average 30-year fixed ...
Weekly Market Observations - October 17, 2023
Tuesday, October 17
Here’s Our Weekly Market Observations : Northeast apartment rents lead in rent growth, up 3.1% YOYHome sales on tract for over 20 year lowTrial starts for the first NAR commission lawsuitMortgage rates nearly 3 times higher than 2021Average 30-year fixed mortgage rates up slightly to 7.57%
Weekly Market Observations - October 11, 2023
Wednesday, October 11
Here’s Our Weekly Market Observations : US jobs report came in stronger than expected with 336k new jobs added in September Apartment rents in Northeast and Midwest markets remain positive YOY Zillow wins case over failed REX brokerage RE/MAX and Redfin latest end NAR membership requirement Aver...