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Solid jobs report sends mortgage rates lower

Housing Wire

That is going to be a big theme of mine for 2023 if this trend continues. However, the bigger story here is there is a pathway for a soft landing for America, and the Fed should be ashamed of itself for believing that a job loss recession is the best way to kill inflation. In fact, the Federal Reserve needs its own reset.

Mortgages 532
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Mortgage rates have peaked along with inflation

Housing Wire

The trend is your friend, and the month-to-month data has cooled off noticeably. This means shelter inflation isn’t being properly accounted for versus the real-time data. The best way to fight inflation is to add more supply, demand destruction is not the most effective way, and it will impact future production.

Mortgages 529
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Existing home sales are still savagely unhealthy

Housing Wire

NAR total inventory data going back to 1982 Today’s report did show growth, which is the best part of the report, and let’s all hope for more inventory in 2023! A boring and balanced (B&B) housing market is the best housing market. I recently talked about this in an interview on Real Vision. NAR_Research.

Sales 506
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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 377
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Mortgage Rate Predictions for Next 5 Years

Marco Santarelli

Current Trends and Forecasts for Next 5 Years Recent analyses and expert forecasts suggest a period of fluctuation in mortgage rates in the United States. This gradual decline in rates is anticipated to encourage a rebound in existing home sales, which had fallen to a 28-year low in 2023.

Mortgages 116
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Home equity is the bright gem of the housing market

Housing Wire

I think in 2023, we’re going to see rates higher for longer,” Toohig concludes. Our previous best year for HELOCs was 2015, and that was about $320 million,” he added. Another major player in the shared-equity investment (HEI) market is the real estate investment trust (REIT) Redwood Trust. level from the first quarter of 2021.”

Equity 359
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How Important Are Podcasts for Real Estate Marketing?

Realty Biz

But is it important for real estate marketing? What is noteworthy for real estate agents in the United States is that here is the largest number of podcast listeners. Here are three significant statistics: There are likely 100 million active podcast listeners in 2023. That's up to you to decide.