Housing Market Forecast 2023 The whole point of a housing market forecast is to help buyers find an ideal time to buy, and for sellers, the best time to sell their house. While the economy and stock market are performing reasonably well, with interest rates peaking and unemployment numbers falling to new lows, home buyers…
The Right Property Management Software Software technology has come a long way in the past few years. Improvements in property management technology in particular is responding to growth in the rental property sector as the demand for rental housing rockets. Landlords and property managers are building their businesses on property management software to leverage automation…
Probability of a Real Estate Market Crash: Medium What is the risk of a severe housing market downturn in 2023? Are we at the peak of negative factors, or is there more coming in the next 3 to 6 months? As you’ll read below, Goldman Sachs forecast is for an additional 8% decline in new…
Finding Real Estate Leads With the buyer market drying up and home owners retreating for better times to sell their home, perhaps in 2023, a large number of Realtors are leaning hard on lead generation companies. As one of my clients once said, sales is a game of numbers. Yes, as volume grows, so does…
Toronto Housing Market GTA home sales have plummeted by nearly 50% year over year in November, as mortgage rates continue a relentless climb in Canada. Home prices on the other hand have not reclined as much since their peak last spring. Remax has forecasted a price drop of 11.4% in 2023 due to a reduction…
Florida Real Estate Market As Florida Realtors Chief Economist Dr. Brad O’Connor pointed out in reports, sales growth in the Florida housing market “has slowed considerably” Yet it is still a healthy housing market compared to other states. O’Connor followed up in the latest sales report, that sales have declined down to pre-pandemic levels. However,…
Be Smart, Sell your House Soon It’s taken a long time, but experts are finally calling for a recession. And the housing market? Well, they’re talking crash now. It’s not hard to understand, given there is no way home buyers can qualify for mortgages, which look like they could be headed very high. New loans…
A Real Estate Agent Near Me Home prices peaked in summer 2022, but sales prices are still very high right across the US. There is a grand opportunity, if you make good choices to get close to your imagined selling price. Although the government is pushing the economy into recession, it will take some time….
When Will It Be a Great Time to Buy a Home Again? In September, prospective homebuyers once again sat on the sidelines, and even backed out of intended purchases. The task for a good Realtor near you has never been greater, whether you’re selling or buying. Stats from the latest housing market report show home…
HomeBuyers Backing out of Home Deals A new report by Real Estate Firm Redfin on August’s pending home sales stats shows buyers are backing out of deals in the US Sunbelt cities. In particular, Phoenix, Tampa and Las Vegas. Jacksonville Florida were cited as suffering the greatest increase in cancelled deals. It comes as buyer…
How Far Will Florida Home Prices Fall? Hurricane Ian may become the 5th most expensive hurricane in US history. Although smaller in size, it packed sustained 150 mph winds and big storm surge to overwhelm neighborhoods in the Port Charlotte, Fort Myers and Naples region on Wednesday. Southwest Florida had a wonderful 30 year growth…
Toronto Housing Market Bubble Crash Update: Reports about the potential of a Toronto housing bubble and crash have been around for many years. Trump tax cuts and stimulus spending prevented the crash, yet now in 2022, those factors are gone and interest rates are poised to rocket under an ineffectual US Fed. The American situation…
Los Angeles Housing Market How many homebuyers in Los Angeles are asking when LA home prices will fall? Is the LA housing bubble finally about to burst? Buyers in LA still hold out hope for home prices to ease and plenty of properties will soon be listed in 2022. Although inventories are growing, it is…
Will Sellers Rush Online to Find a Realtor? Many Realtors are thinking there’s no way residential real estate can fail. Housing markets are too hot with wealthy buyers, high employment, strong banks, along with strong millennial buyer demand and very limited supply of housing. Yet the narrative seems to be changing despite the economic strength. …
Vancouver Housing Market Update and Forecast Vancouver has built its reputation as one of the most beautiful cities and locations in the world. The modernization of the city, incredible mountain vistas, moderate climate with a surprising amount of yearly sunny days, high tech center growth, tourism and neighboring mountain recreation areas makes this area a…
Seller Leads through Better Marketing Today’s home sellers are a cagey lot, continuously holding on for a better price, a better time, and for the end of the pandemic of course. Still, as a Realtor among thousands in your region, you must build a system capable of reaching as many as possible. As one of…
US Housing Market January Home sales across the US took a surprising upturn in January 2022 rising 6.7% from December which exceeded NAR’s forecast. It seems homebuyers are eager to lock in a lower mortgage rates now than risk much higher rates later. Given the price of homes in some cities, waiting to buy a…
US New Home Construction, Prices and Sales It’s not a reach to say that buying a new home is tops on many American’s wish list. Although demand for new homes is intense, a lack of supply is dampening those dreams of home ownership. New US home sales rose 4% across the country in October and…
Massachusetts Housing Market Typical of most housing markets in the US, the Boston housing market is constrained due to a lack of houses for sale. 2021 was a record sales year, however of late, supply is squeezed and activity appears to be easing. Buyers too are concerned that mortgage rates might be on the rise….
Winning Real Estate Marketing Strategy Organic real estate marketing and lead generation are the core or foundation of your sales success. While local advertising and word of mouth help your efforts, they’re not going to establish you as the top Realtor in your region. Admittedly, it takes confidence and the help of a good digital…