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Showing posts from February, 2022

Want Top Dollar for Your House?

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 When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s the time to list. Demand Is Very Strong This Winter A recent article in Inman News explains: “Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists. . . . ‘Home shopping season appears to already be in full swing!’” And they aren’t the only ones saying buyers are already out in full force. That claim is backed up with data released last week by ShowingTime. The ShowingTime Showing Index tracks the average number of monthly buyer showings on active residential properties, which is a highly reliable leading indicator of current and future trends for buyer demand. The latest index reveals this December was the most active December in fi...

2022 Mortgage Rate Forecast

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The year is just beginning, and it’s already been an eventful one for mortgage rates. Many are looking ahead try and predict what mortgage interest rates will average this year. The following round-up reveals what leading housing authorities believe 2022 will hold. The question is no longer when mortgage rates will rise — it’s how much they will rise. What do the 2022 mortgage rate forecasts mean for homebuyers? We’ve broken down several different forecasts below, but here are the common trends. The bottom line for prospective homebuyers is this: The historically low mortgage rates of 2020 and 2021 are not coming back in 2022. But rates are likely to remain relatively low. Even a jump to 4% by the end of the year in 2022 would be on par with, or better than, where rates were in the years prior to the coronavirus pandemic. If the U.S. economy continues to recover from the pandemic volatility, and the shock of the future variants, then it’s likely that rates will rise. Therefore, if you’...

Building Business the Old Fashion Way

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Automation and advancements in technology have long been renowned as great tools for building business, but what about good old-fashioned conversation? Recent studies have proven that both in-person conversation and live phone calls are still overwhelmingly the best way to recruit referrals and new business. Here are a few tips to help get those recommendations rolling in the start of the new year. Sooner is Better Than Later We all are familiar with the phrase “outta sight, outta mind,” which is certainly relevant in a business setting. While it’s important to be mindful of asking for referrals at the right time, it is equally important to remember that asking sooner – like right after helping a client secure their bid for a new home – has a much higher success rate than later – when they’ve possibly moved on to other projects regarding their new home and your assistance starts to become a bit of a fading memory. Capitalizing on those pivotal windows of opportunity is key. In-person m...