Sun.Aug 04, 2024

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Can mortgage rates go even lower? 

Housing Wire

Mortgage rates moved massively lower last week without any Federal Reserve rate cuts, primarily because the labor market is getting softer. Can mortgage rates go even lower? As we can see below, when the market priced economic weakness earlier in 2024, it took the 10-year yield down toward 3.80% but didn’t break that level. So, after a softer jobs report, the question is: Can this level break and head back down to the key line in the sand I call the Gandalf line at 3.37%?

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Communicate value! But how? A step-by-step buyer’s presentation

Inman

Need help highlighting value in a buyer-broker presentation? Jimmy Burgess talks with Andrew Undem, who shares his "8 pillars of value" strategy for showcasing client benefits.

Brokerage 180
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Considering the jobs report, is the Fed risking a recession?

Housing Wire

The Federal Reserve won’t pivot on rates until the labor market breaks and it will keep financial conditions as tight as possible until that happens — this has been my theme since 2022. Friday’s jobs report had one number which got people talking about a possible recession: the 4.3% unemployment rate. Now, historically speaking, that is a low unemployment rate, but it has moved up from the recent lows of 3.5%.

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Top 10 Brooklyn Real Estate Listings: A Cobble Hill Row House, a Heights Apartment

Brownstoner

The most popular real estate listings on Brownstoner this week include a Brooklyn Heights co-op, a Prospect Heights row house, and a Flatbush standalone. Bay Ridge was popular this week with other listings scattered around the borough. The least and most expensive properties on the list are both in Brooklyn Heights.… Read More > The post Top 10 Brooklyn Real Estate Listings: A Cobble Hill Row House, a Heights Apartment appeared first on Brownstoner.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Worst Places to Live in North Carolina (2024)

Marco Santarelli

Have you ever wondered which places might not be the best fit for calling home in North Carolina? The Tar Heel State has a wealth of beautiful cities and charming towns, but like anywhere else, not every location is ideal for everyone. Whether it’s due to economic factors, crime rates, or simply the vibe of a community, some areas can be less desirable to live in.

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Tech Billionaire Slams Fed for Not Cutting Interest Rates Sooner

Marco Santarelli

The tech titan and entrepreneur, Elon Musk , has once again stirred the financial pot. His latest salvo? A blistering critique of the Federal Reserve's interest rate strategy. The billionaire CEO hasn't shied away from labeling the Fed's actions as “foolish,” igniting a fresh round of debate on the economic tightrope we're all walking. Is Musk a visionary ahead of his time, or is this just another billionaire's opinion?

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FTC Issues $12 Million in Refunds to Consumers Defrauded by Zurixx, LLC

BAM Media

BAM Key Details: The Federal Trade Commission (FTC) is issuing over $12 million in refunds to 25,563 consumers defrauded by Zurixx, LLC, and its owners Cristopher Cannon, James Carlson, and Jeffrey Spangler through false real estate investment schemes. Zurixx, LLC defrauded its customers by selling live seminars and telephone coaching programs that falsely promised substantial profits through real estate flipping and wholesaling.

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How Much Does a Realtor Make on a $500 000 Sale?

Marco Santarelli

Selling a home is a significant financial decision, and it's natural to wonder how much your realtor will earn from the transaction. The compensation structure for real estate agents can seem complex, but understanding the basics can help you negotiate effectively and ensure you're getting the best value for your money. This article dives deep into the world of real estate commissions, exploring how much a realtor typically earns on a $500,000 home sale in the US, highlighting factors that influ

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The Evolution of a Private Real Estate Investment Company Continued…

A Student of the Real Estate Game

In early 2023 I wrote about the evolution of Atlas , highlighting our transition from JV structures to owning deals without partners, from buying 70’s/80’s vintage assets to focusing on 2000 and newer, and from syndicating deals to raising capital from a mix of HNW, family office, and other private capital sources. It’s been an eventful ~16 months, so I’m sharing part II of our evolution as a private real estate investment firm.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Investment Properties in Prime Locations: Maximize Your Returns

Marco Santarelli

Investment properties in prime locations are a cornerstone of successful real estate portfolios. These assets offer the potential for substantial returns and long-term value appreciation. In this comprehensive guide, we'll explore the ins and outs of investing in prime location properties, from identifying promising areas to navigating potential challenges.