Your Coaching Matters Blog
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 transaction.
Zillow says home pric...
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!
Higher mortgage rates are keeping people in their curren
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Conversation Advancer
Say This Instead of That:
- “May we determine your purchas...
Unexpected pitfalls to older homes - they may be unhealthy
Interest rates will settle at 6.5% - why shouldn’t you wait? Buying a home today at $500,000 with 20% down and borrowing $375,000 at 7.25% has a P&I payment of $2558. If the market improves by 3% but rates drop by .75% to 6.5%,
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You need to make over $400K a year to afford a home in these two markets!
Here is an example of a Misleading Headline. "The Rental Market’s Downward Slide: 5 Straight Months of Falling Rents". However, rents are $338 a month higher than 9/2019. It dropped 1.6% in the past 15 months or $2
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OK, everyone; I've been doing "Monday News You Can Use" now for over 14 years and haven't heard anything from you all recently. If I don't hear from at least 25 of you (out of 1300+) I may discontinue this service. I spend about 3 hours a week on this so … Let me know.
Fed Chair Powel...
TECH TIP:
Most of us have experienced the phone in water problem - here’s some so...
TECH TOOL:
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Interesting chart on what cost more and less this year.
