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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. We negotiated to get the sellers the highest price possible. There are still plenty of buyers interested in this area. Many of us are in sellers’ markets with very low inventory.

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Altos: Sellers are coming back to the housing market, can buyers keep up?

Housing Wire

New listings each week, which were record few last year, are growing now. There are still notably not a lot of sellers. But home sellers are gradually easing back into this housing market. There were 66,000 new listings this week, of which 14,000 are already in contract. It’s not a ton of sellers.

Sellers 398
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Altos: More sellers and price reductions, but fewer homebuyers

Housing Wire

Last year at this time, we were seeing surprising home buyer demand with rates having fallen to the low 6s. We still see more sellers than last year. Each week, there are more new listings than a year ago, allowing inventory to build and eventually leading to more home sales this year than last. But we’re not there yet.

Sellers 434
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Altos: Housing inventory could grow 40% this year

Housing Wire

The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow. Second, because people think of home sellers as being locked-in by high interest rates. That’s 15% growth over the pace of 2023.

Inventory 508
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Altos: Are higher mortgage already rates deterring homebuyers?

Housing Wire

This is not a recipe to keep the home buyer momentum we saw building in December. Remember that the way to more selection for home buyers is with higher mortgage rates. Spring buyers’ market It’s the spring buyers market and inventory is falling each week. There are more buyers than sellers.

Mortgage 435
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Home price gains slow as mortgage rates rise: Altos

Housing Wire

Even as money is more expensive and there are more sellers than a year ago, we can also see slight home sales growth over 2023. New listings rise New listings continue to show us that more sellers are interested in this market this year. Is new supply growing out of balance with demand?

Mortgage 502
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The strong spring real estate market will surprise you: Altos

Housing Wire

Sellers are coming back There are 499,000 single-family homes unsold on the market now. There are slightly more sellers each week. Last year, was marked by how few sellers there were. We can expect to have more sellers all year. Sales were held back for lack of sellers. Home price signals are increasing too.