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Inflation is a massive roadblock with no ready-made solutions
Source: Scotsman Guide --- Business leaders, economists and politicians around the world have spent a lot of time searching for ways to solve supply chain disruptions that are hampering growth and prosperity for corporations and consumers alike. Some business experts,...
323,000 U.S. Homes Were Flipped in 2021, Most Since 2006
Source: World Property Journal --- According to ATTOM Data's year-end 2021 U.S. Home Flipping Report, 323,465 single-family homes and condos in the United States were flipped in 2021. That was up 26 percent from 2020, to the highest point since 2006. The report...
Waiting Will Cost Homebuyers Money
Source: Scotsman Guide --- Experts have long said that there’s a cost to waiting to a buy a home. That’s certainly true in a rising interest rate market. There is a misconception that as housing prices stabilize, or even decrease, that there will be a substantial...
The Salespersons Best Practices
The entire process is what I refer to as a best practices action system. Some salespeople question why they are not getting the outstanding results expected in their sales career? Some feel that the harder they try, they beat their heads against a wall or race down a...
Ditch the Bidding Wars! We’ve Found 10 Towns Where the Number of Homes for Sale Is Going Up
Source: Realtor --- Which of the following is the most challenging, seemingly intractable pain point faced by homebuyers in 2022? A. Surreal home prices B. Rising mortgage rates C. Historically high rents D. Bone-dry home inventory levels The answer, of course, is all...
The economic shock hitting the housing market just got bigger
Source: Fortune --- Housing economists are clear: The swift move up in mortgage rates amounts to an economic shock. The bad news for homebuyers? That already big economic shock got even bigger last week. On Thursday, Freddie Mac reported that the average 30-year fixed...
Will The Housing Market Crash? Experts Give 5-Year Predictions.
Source: Forbes --- The housing market appears to be operating without brakes as home prices continue to climb–the median listing price shot up in March to a record-high of $405,000, mortgage rates continue to tick up, and buyers are not backing down. As more signs...
Why this recent change just made it harder to buy or sell an apartment
Source: CNN --- New rules rolled out earlier this year by mortgage giants Fannie Mae and Freddie Mac are creating a bottleneck in the real estate market for those seeking to buy or sell condo or co-op apartments, according to agents and condo associations. The new...
The Problems Keeping Us From Tapping Real Estate’s Full Potential
Source: Propmodo --- From 2011 to 2016, I worked at the micro-apartment design and development startup, LifeEdited. While we never brought units to market, with our own TED talk and a number of major media features, the company did garner some good media attention....
U.S. Condo Prices Jump to New Record Highs in 2022
Source: World Property Journal --- National property broker Redfin is reporting this week the typical U.S. condo sold for a record $319,000 in February 2022. That's up 14.6% from a year earlier and 22.7% from two years earlier, just before the pandemic began. Condos...
