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Why mortgage rates fell with a stronger jobs report

Housing Wire

What a week this has been for the housing market , from the fireworks of Fed Chair Jay Powell’s Congressional testimony to an attempt to break over a critical line on the 10-year yield. It’s going to take something big to break above this level and get to my 10-year yield peak call forecast at 4.25%. percent, the U.S.

Mortgages 378
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The 2021 housing market recap by Logan Mohtashami

Housing Wire

What a year 2021 has been. We started the year with many pundits saying that the U.S. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades. First and foremost, Americans are buying a place to live, not an investment.

Marketing 529
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The savagely unhealthy housing market is now a nightmare

Housing Wire

The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 from last year. This marks 123 consecutive months of year-over-year increases, the longest-running streak on record. million, which I would find to be the best thing ever for housing, is not happening this year.

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The American dream and the affordability crisis

Housing Wire

What is the “American Dream?” For many Americans, owning a home is a core component of the American Dream as a means to build wealth and financial security. It threatens the ideal of a richer and fuller life that so many Americans aspire to obtain. Americans feel the same way. A crisis of affordability.

Mortgages 356
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

A national research study conducted by Brand Builders Group found that some 74% of all Americans and 85% of millennials aged 35 to 44 say they are more likely to trust someone who has an established personal brand. Writing an expert real estate agent bio is the first step in creating that trust and credibility.

Agents 386
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Consumer Sentiment Is The Lowest It’s Ever Been. Here’s How Agents Can Turn the Tide

Broke Agent Media

BAM Key Details: A new Gallup report shows 21% of adult consumers in the U.S. The years 2022 and 2023 are the only times fewer than 50% of Americans have seen the housing market as good for buyers. Gallup’s research also revealed the percentage of Americans who expect home prices to rise in the next 12 months.

Agents 52
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Thoughts on Leadership: Leadership Lessons From Hank Aaron and Larry King

RIS Media

In other sad news, we also lost baseball superstar Hank Aaron last week, a player who will forever be remembered for breaking Babe Ruth’s home run record on April 8, 1974 when he hit his 715th career home run. Hank Aaron would go on to rack up a grand total of 755 home runs, an MLB record that was held until 2009.

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