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NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Housing Wire

He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real estate conditions before diving into forecasts for next year. In 2023, new-home sales are up 5% year to date, Yun said. The question is when are rates going to come down?

Sales 450
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Here’s how wholesale lenders and brokers are navigating near-8% mortgage rates

Housing Wire

Meanwhile, in addition to diversifying their portfolios, brokerage firm owners are keeping their cost structure under control to be profitable in a shrinking market. But people need homes,” said Kenny Deen, senior account executive at the independent mortgage banker and residential home lender Paramount Residential Mortgage Group.

Mortgages 464
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Opinion: The ripple effect on the U.S. housing market from China’s real estate crisis

Housing Wire

The real estate market in China, both commercial and residential, have been unwinding over the last few years. Now add in the most recent news of outright fraud and embezzlement by Evergrande executives, and there is a chance the sector will drag down an already slowing Chinese economy. However, even bad news often has a silver lining.

Marketing 422
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. So let your personality shine.

Agents 403
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THE CENTURY 21 BRAND TAPS INTO THE LAKE ROYALE MARKET WITH AFFILIATION OF MULTI-OFFICE BROKERAGE

Realty Biz

Founded in 2018 by current broker/owner, Rhonda Folks, the brokerage has rapidly expanded to two locations in Bunn and Louisburg. The company’s affiliated agents assist clients in areas including property management, new construction, and traditional residential sales. Century 21 Real Estate LLC.,

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Vickie Pizzarelli joins Engel & Völkers as a Real Estate Advisor

Realty Biz

Engel & Völkers of East Greenwich announced today that Vickie Pizzarelli has joined its brokerage as a real estate advisor, where she specializes in new construction, residential sales, foreclosures, and short sales. Vickie joins Engel & Völkers from eXp Realty. Vickie holds a DiSC Trainer certification.

Brokerage 107
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Hope and homebuyers return to Paradise

Housing Wire

Every home, every little business, there were a few that made it along the main streets, but other than that, at least 95-98% of the residential housing in the area was gone,” local eXp Realty agent Mike Stearns said. Local agents are slowly seeing new construction listings pop up.