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Master planned communities post strong new home sales numbers in 2023

Housing Wire

According to a survey released Tuesday by John Burns Research & Consulting , the top 50 MPCs sold more than 34,600 new homes in 2023, up 24% from the nearly 28,000 sales in 2022. And in 2023, each of the top 50 communities sold at least 368 homes, although that’s fewer than the 2021 record of 460 sales per community.

Sales 439
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NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Housing Wire

Yun took the stage on Tuesday at NAR NXT , the trade group’s annual conference in Anaheim, California. However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said. In 2023, new-home sales are up 5% year to date, Yun said.

Sales 450
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What Are The Upsides and Downsides of Virtual Staging?

Realty Biz

Virtual staging offers both advantages and disadvantages in the real estate industry. Using virtual tools, properties can be showcased with furniture and decor without physical staging. Considering the pros and cons is essential in deciding if virtual staging is the right choice for a specific property and target market.

Staging 112
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Mastering the Art of Home Staging: An On-Target and On-Trend Approach

RIS Media

The art of staging not only helps prospective buyers envision themselves in a home, it also aids real estate professionals as they work to close quicker and for top dollar. Offering a full-picture enterprise, Nikki Watson brings her expertise in home design, staging and construction to her Dallas- and Atlanta-based company, The Design Quad.

Staging 122
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Become a New Home Construction Expert

The Residential Specialist

New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. New construction is always seen as much more expensive.

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The anatomy of a successful real estate recruitment funnel

Housing Wire

Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage. Understanding and optimizing each stage of this funnel is critical to streamline recruitment and attract top-tier talent.

Brokerage 354
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The #1 Reason Not to Wait to List Your House for Sale

Keeping Current Matters

Mark Fleming, Chief Economist for First American , just reported : “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. Purchaser demand is so high, the market is running out of available homes for sale.

Sales 282