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The worst for mortgages may be over, but younger borrowers still face affordability challenges

Housing Wire

Maxwell’s mortgage lending report leverages data from its business intelligence platform, which derives trends from more than $300 billion in loan volume transacted on the Maxwell platform across 300-plus lenders, according to the company. “In If home prices and lending costs moderate in 2024, significant demand could flow into the market.

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As title insurance volume shrinks, workers take on more tasks

Housing Wire

However, 67% of respondents are over the age of 45, with the largest age brackets being 45-54 and 55-64 at 28% each. The second largest age bracket was 35-44 at 19%. Other top challenges included “educating real estate agents and consumers” (26%) and “generating new business” (24%).

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Mortgage rates — not commission lawsuits — will be the story in 2024 for publicly traded brokerages

Housing Wire

It could be difficult for some folks to maintain profitability or even achieve profitability because there is some level of fixed costs to doing business, especially if home sales remain depressed and you have a situation where the commission rates come down,” Anthony Paolone, a real estate senior analyst at J.P. Morgan , said.

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5 Tax Tips for Real Estate Agents

McKissock

Depending on where you work on a regular basis, the tax deduction may include attending meetings, putting up for-sale signs, running business-related errands, and completing floor time at your broker’s office.”. If you’re at the start of your career and still in a lower tax bracket, you might want to consider funding a Roth IRA.

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Price Adjustments and the 2023 Market

Lamacchia Realty

Consider the Price Bracket Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home. Simply put, lowering your price to the next bracket will expose your home to those people searching within that next price range.

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Tips for Making a Successful Transition to a New City After a Personal Low Point

Cleveland Appraisal Blog

Check out local markets and shops to know the community and support local businesses. – The Real Value Podcast with Blaine Feyen (Podcast) USPAP and Bracketing – What’s Correct? Take the time to walk or bike around the neighborhood, visit local parks or landmarks, and learn about the area’s history.

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Price Adjustments in this New Housing Market

Lamacchia Realty

Consider the Price Brackets. Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home. Simply put, lowering your price to the next bracket will expose your home to those people searching within that next price range.