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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes. Are you considering selling your property?

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The ‘double-edged sword’ of dual licensing

Housing Wire

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

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Price Adjustments and the 2023 Market

Lamacchia Realty

Now, a year and a half later, with rates up to 8%, buyer affordability is significantly diminished. Coming from the frenzied pandemic market where inventory was at historically low levels , sellers are holding the line and buyers are still the ones competing in this market. In the graphic to the right, you can see this more clearly.

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Price Adjustments in this New Housing Market

Lamacchia Realty

Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

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How to Take Advantage of the Cooler Summer Market

Lamacchia Realty

Despite all of it competition is still strong, and buyers are still out there, but with average prices increasing also at historic rates since 2020 and with the cost increase of borrowing, a shift in the market is happening. Congratulations, frustrated home buyers ! That’s a great deal of extra money in your pocket. or 3% to 5.5%

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Guide to EaDo / East Downtown Townhomes

Houston Properties

Home to some of the best townhomes in the Inner Loop, EaDo is also one of Houston’s most exciting neighborhoods thanks to great access to downtown and fantastic new development projects. East Downtown (EaDo) is a rapidly developing neighborhood adjacent to Downtown Houston. – 2019: #5 Individual Agent, KW Worldwide.

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Houston Heights Townhomes For Sale

Houston Properties

Due to continuous development, homes in Houston Heights have undergone significant property appreciation and development over the past decade. Buyers looking for Houston Heights townhomes for sale will appreciate the neighborhood’s proximity to Downtown Houston. – 2019: America’s Best Real Estate Agents, RealTrends.com.