Today is part 1 of 3, DISC Personality Profile real estate training and coaching. The DISC Model of Behavior was first proposed in 1928 by William Moulton Marston, a physiological psychologist, in his book Emotions of Normal People. Marston made a deliberate decision to focus only on psychological phenomena that were directly observable and easily measurable. Based on […]
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Demand for second homes in February fell to its lowest level since May 2020. Vacation-Home Bubble Popped in February As we all remember, the COVID pandemic ignited a never-before demand for second homes and market conditions supported that demand. The Federal Reserve dropped mortgage rates to historic lows to counteract lockdowns and job losses, remote […]
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Rents jumped an average of +15% y/y in 2021 while median monthly mortgage payments skyrocketed +31% y/y. Housing Costs for Renters and Buyers Shot Up in 2021 In newly released data by Redfin, both renters and homebuyers experienced staggering housing costs in 2021. Rent increased an average of +15% over the past year. Some rental […]
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Both refinancing and purchase applications dropped last week as rising interest rates turned away current and potential homeowners. Refinance Applications Plunged -14% w/w Climbing mortgage interest rates are definitely impacting current homeowners who may be considering refinancing their mortgages. Last week, interest rates climbed from 4.27% to 4.5% and, unsurprisingly, mortgage refinance applications dropped -14% […]
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Question: Are you (finally) ready to become a LISTING AGENT? Of course, you are. Great news, this podcast is sponsored by Tim and Julie Harris’s favorite SELLER Lead systems. You read that correctly, this trusted company will provide you with the names, addresses, phone numbers of homeowners who want to sell….truly motivated seller leads. Best part? […]
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A new study from RentCafe identified the US metro areas where renters can save to buy their first home the fastest. Researchers Used Popular “50-30-20” Budget Formula to Compile List Not long ago, Senator Elizabeth Warren from Massachusetts popularized a budget formula known as “50-30-20” which guides consumers on how much and where to spend […]
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Not only did the wealthiest Americans become even richer in 2021, 2021 created an additional one million new millionaires in the US. Stock and Crypto Markets Created +1M New Millionaires in US during 2021 2021’s roaring stock and crypto markets created more than one million new millionaires in the US for a record total of […]
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Some wanna-be homeowners are keeping their rentals in high-priced urban centers and buying second homes in more affordable suburban/rural locations. Hopeful Homeowners Going Straight to Buying Second Home First Ever-pricier metro areas have encouraged first-time homebuyers to think outside of the box. Rather than being endlessly frustrated by too-high home prices or being outbid multiple […]
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It’s a well-known fact that if you want to be successful in life you have to learn to be an effective communicator. Someone who can effectively convey their thoughts and feelings will always have an advantage in life. Are these skills learnable or innate? On today’s Real Estate Coaching and Training podcast, Tim and Julie […]
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Rent hikes plus rental bidding wars have jacked up rents to new highs. Largest Monthly Gain in Rents Since 1987 According to the Bureau of Labor Statistics, the seasonally adjustable index for rent in the US increased 0.6% from January to February, the largest month-to-month gain since 1987. Without any adjustments, renters are paying more […]
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Tim and Julie Harris 