Your Coaching Matters Blog
Housing prices and interest are up -.Affordability stinks
Many developers are offering rate buy-downs - new homes surge!
Importance of Language
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Interesting article talking about yields in markets across the US Atlanta comes in at 5.8%, in the upper third! This is sustainable and looks to be what will be normal the next few years. Interactive Map (picture of it below) is available in the article link at...
Getting beyond the hype, here's an interesting article from REDFIN about their average agent's productivity for 2023: 27 Transactions is very high for $16,000,000 in volume> Average price would be $592,000—And the Redfin agent earned about $3,600 per...
An article on the reasons for current home prices.
Good conversation ideas to discuss with your clients.
Rents are going up!
13 Features buyers like in homes - #9 is critical.
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Conversation Advancer
(remember you're...
BIG NEWS
NAR settles commissions lawsuit?
Looks like we’re on our way.
I don’t agree we’ll settle at 4.2% commission (30% off the 6% that they claim is standard). It will require Buyers Representation forms to be completed. The settlement looks like it...
25 of the Happiest US Cities
Freddie Mac’s Report on Housing Outlook - no real surprises but a good read (especially the Silver Tsunami part)
Something lighter - Bathroom trends. They were so serious I couldn’t stop laughing!
Something to know, and I expect more of these articles- “How to Negotiate Real Estate Agent Commissions” Be prepared
Why regional banks have too much exposure!
Surprise :) Fewer houses selling with higher interest rates
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Conversation Advancer
Say This Instead of That:
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We can do better - homes in Black neighborhoods sell for $46,000 less
Mortgage rates bumped up!
Buyers timing the market may not want to wait
Forbes article on Buying a home and market stats - expect 3% increase in prices
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How sellers are acting VERY differently
Source: Zillow
There was a big shift at the end of last year in how mortgages affect whether or not a homeowner wants to sell, ...