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WHAT SOCIAL MEDIA PLATFORM WORKS BEST FOR YOU AS A REAL ESTATE AGENT?
Source: Realty Biz News --- More than 4.62 billion people are on social media — almost 60% of the world's entire population. It's no secret that social media platforms are some of the most powerful tools for businesses to reach their target audiences, but choosing the...
Shrinking availability of ‘small-dollar’ mortgages hurts low-income home buyers
Source: bizTimes --- In Philadelphia, about a third of owner-occupied homes were valued at less than $125,000 in 2021. But that year, only about 2% of mortgages made in the city were the type generally used to purchase properties in this segment of the market,...
Are home prices about to fall?
Source: Housing Wire --- We are at the point of the economic cycle where I really just get two questions: Are we going into recession and are home prices about to fall? I am going to do my best to try to make sense of what is happening with the housing market right...
Rental Market Tracker: Typical U.S. Asking Rent Surpassed $2,000 for First Time in May
Source: Redfin --- The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over year to a record high of $2,002. That’s on par with April’s annual increase of 15%, but a slowdown from March’s 17% gain. “More people are...
U.S. Mortgage Lending Dives 32 Percent in Q1, Fastest Decline in 8 Years
Source: World Property Journal --- Based on ATTOM's first-quarter 2022 U.S. Residential Property Mortgage Origination Report, 2.71 million mortgages secured by residential property (1 to 4 units) originated in the first quarter of 2022 in the United States. That...
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