The 2022 housing market is looking as if it will be another competitive one for potential homebuyers. Help your buyers be successful. Buyers Need To Have Their “Ducks in a Row” in 2022 Jessica Lautz, vice president of demographics and behavioral insights with the National Association of REALTORS® (NAR), said, “If (potential buyers) want to […]
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Here’s a snapshot of the latest mortgage activities and revised forecasts at the end of 2021. Fannie Mae Boosts 2021 and 2022 Forecasts Due to a stronger than previously forecast year-end finish, Fannie Mae boosted its outlook for mortgage originations for both 2021 and 2022. Fannie’s December forecast indicates that 2021 will end with a […]
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The combination of working remotely, relatively lower prices and a range of tax incentives fueled wanderlust living among better-off French, Britons, and Americans in 2021. Italy Now Top Second-Home Location for North Americans & Britons When Buying Outside Home Countries Homes in Italian cities and the countryside have always held sway with foreign buyers. The […]
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Renters turned to alternative markets that offered more indoor and outdoor space during 2021. 2021 – Highly Competitive Year for Renters Renters in many rental hub markets during 2021 faced a perfect storm of high demand, high occupancy rates and stiff competition from rental applicants with great credit scores. As in for-sale markets, rental applicants […]
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Yearly single-family rent growth soared +10.9% y/y in October. Annual Single-Family Rent Growth Skyrocketing For the sixth consecutive month, single-family rent growth hit record-setting heights in October. Single-family rent growth soared +10.9% y/y, more than three times the growth rate of a year ago at the fastest growth pace in over 16 years, according to […]
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Are you a real estate broker, Team, Coach, or Real Estate Influencer and you are considering EXP Realty? Watch this video to have your questions answered. As a real estate broker, team leader, coach, or real estate influencer chances are you share Tim and Julie Harris’s philosophy of life (and business): to be of […]
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Luxury Sales in Hawaii Smash Records Deal volume in luxury and ultra-luxury home sales during the first three quarters of 2021 in Hawaii hit a record-shattering $3.698B. Luxury and Ultra-Luxury Sales Crush Records During the first three quarters of 2021, luxury home sales (defined as valuation at $3M or more) in Hawaii soared +235% compared […]
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Part II of this multi-part series on places to look for generating real estate leads focuses on offering free seminars/workshops, open houses/virtual tours, cold calling, thought leadership pieces, social media ads, and scouring wedding/engagement announcements. Generating More Leads Means Generating More Profit The goal of lead generation is constant: reach out to people you know, […]
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Though profit margins from home flipping dipped to their lowest level since Q1 2011, there are places in the US where home flipping profit margins increased. These places are identified here as well as other data about Q3 2021 home flipping. Q3 2021 Home Flipping Analysis Indicates Flipped Homes/Condos Accounted for 5.7% of Total Sales […]
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Lumber costs bounced back up to $950 during mid-Christmas week. Sky High Lumber Prices, Again The housing industry, building professionals and consumers heaved collective sighs of relief when lumber prices leveled off to $454.20/ thousand board feet in August after reaching record highs in Q1 2021. Unfortunately, those sighs of relief has become sighs of […]
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Tim and Julie Harris 