Finding Motivated Sellers of Off-Market Properties
Finding Motivated Sellers of Off-Market Properties Learning how to find motivated sellers is a critical skill for real estate agents and investors alike. Of course, your goal is to find these sellers before they list their property. It might sound tricky, but with this advice, you’ll be able to locate them first and easily make contact. What […]
How Rising Layoffs Will Impact the Real Estate Market
How Rising Layoffs Actually Impact the Real Estate Market During the pandemic, central banks dropped interest rates to bolster slow markets and keep the economy moving. What happened next was completely unplanned. Consumer confidence skyrocketed, causing a housing market boom that more than offset whatever uncertainty the pandemic had caused. In the years following the […]
How is the 2023 Housing Market Different From 2008?
How is the 2023 Housing Market Different From 2008? When the pandemic started in 2020, the Federal Reserve anticipated a major downswing in consumer confidence. This led to a great decline in borrowing activity. To stimulate the economy, they lowered interest rates to record lows, causing the average 30-year mortgage to clock in at 2.97% in […]
Real Estate Markets to Keep Your Eye on in 2023
These Are the 3 Real Estate Markets to Watch in 2023 — And What Brought Us Here Over the past couple of years, mortgage rates have soared, putting welcome pressure on a housing market sizzling out of control. Recently, this inferno has begun cooling. It’s led some analysts to wonder: Will the housing market continue […]
SVN Commercial Real Estate Advisors
We’re happy to announce that ProspectNow is now part of Buildout, furthering our shared vision to improve dealmaking for CRE. Learn More. Log In Welcome SVN Advisors! Find the hottest properties Flip a switch and see which properties are 9x more likely to sell or refinance in the next 12 months. That’s the power of […]
Is Direct Mail an Effective Marketing Strategy in Real Estate?
Everything You Need to Know About Real Estate Direct Mail Before the internet, direct mail was the No. 1 marketing technique for real estate professionals. However, new technologies like email and social media soon replaced real estate mailers as the preferred method for generating leads and increasing awareness. Research from 2019 reveals that while direct […]
Will Mortgage Rates Drop in 2023?
Market Prediction: Will Mortgage Rates Drop in 2023? During the pandemic, the average rate for a 30-year mortgage was 2.68%. Today, it’s sitting at around 6.3%. These rising interest rates and sky-high housing prices have left many investors and potential buyers worrying about affordability. The critical question is: will mortgage rates drop in 2023? Unfortunately, […]
How Can Rising Interest Rates Affect Your Seller?
The U.S. Central Bank hiked interest rates by three-quarters of a point in September—the third rate increase in 2022. When writing this blog post, costs for property buyers had reached 3-3.25 percent after being near zero until the spring. Experts predict rates to be at least 4 percent by the end of the year. These rate increases are problematic for buyers […]
Will Your Mortgage Broker Leads Be Affected By High-Interest Rates in 2023?
Photo credit It’s safe to say federal interest rates have been anything but consistent over the last year. As of Friday, October 21, the current average rate of a 30-year fixed mortgage is 7.32 percent—up 15 basis points from the previous week. That’s because the U.S. Central Bank raised the federal interest rate by three-quarters of a point back […]
4 Ways Realtors Can Use Digital Marketing to Increase Sales
4 Ways Realtors Can Use Digital Marketing to Increase Sales No realtor can ignore digital marketing for sales. Marketing your services online helps you generate new leads and close more properties. Some marketing methods, however, are more successful than others. Learn the best digital marketing for real estate techniques that drive sales below. 1. Email […]