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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

He advised Black agents to maintain an objective approach when working with clients. Kalin also recommended that agents help their clients consider the time and cost of rebuilding , homeowners insurance proceeds, temporary housing expenses, and the benefits of selling for cash value versus rebuilding. .”

Realtors 358
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57 crucial real estate statistics that explain the 2025 market

Housing Wire

This proves your expertise to clients and allows you to provide them with knowledge about the real estate market. Visit Altos Research Sources: Altos Research Buyer statistics Part of being a great buyers agent is getting inside the mind of a buyer. 45% of buyers spend 16 or more years in their homes.

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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Buyers, on the other hand, view earnouts as a risk mitigation tool to avoid paying too much, particularly if there is uncertainty regarding future performance of the business. Earnouts are contingent payments based on Buyer achieving future financial targets that may never happen.

Mortgage 415
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Santa Monica: An unexpected haven for first-time buyers

Housing Wire

“Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Nationwide, the share of buyers who are first-time buyers has risen in recent months. Nationwide, the share of buyers who are first-time buyers has risen in recent months.

Buyers 448
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Mortgage rates are projected to decline, but will that entice buyers?

Housing Wire

While mortgage rates have been trending lower, rates are still higher than 12 months ago, but some experts anticipate that the downward pressure on rates will provide opportunities for buyers. For the buyer of a median-priced home, these lower prices translate into a $9,800 savings on a 20% down payment. Rents are more expensive.

Buyers 418
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Opinion: The hidden opportunities of high mortgage rates

Housing Wire

As bloating mortgage rates disqualify an increasing number of buyers, people still need a place to live, and renting is the only viable option. Many real estate agents may shy away from working with landlords and renters. Helping a landlord or renter can create loyalty and a lifelong client.

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Top LO Ben Cohen thinks first time buyers will return to the housing market this year

Housing Wire

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. I really think until we see inventory move in our favor, it’s still going to be a tough market for a buyer. How does my payment look?

Buyers 418