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The U.S. has experienced two decades of slow but steady housing market growth, paired with inventory growth that has suffered through both the Great Recession and the pandemic. Only now is it returning to 2006-2007 levels, with a typical annual increase of over 1%. A new study by StorageCafe analyzed data from nearly 500 cities from the past 18 years to determine the cities with the fastest growing housing markets, and the South was a clear winner.
Believe it or not, good old-fashioned postcards are still one of the most effective real estate marketing strategies. Even though most agents focus their marketing efforts online, people start thinking about finding a real estate agent well before they hit ENTER on their first Google search. In fact, the average home-buying process takes about 10 weeks.
ATTOM has released its Year-End 2024 U.S. Home Sales Report , which shows that home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% return-on-investment (ROI). But even as both measures remained near record levels, and home prices kept rising around the country, the profit margin on median-priced sales nationwide decreased from 56.9% from 2023.
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After increasing for the previous five weeks, the average rate for a 30-year fixed-rate mortgage this week dropped to 6.96%, down from 7.04% last week, according to Freddie Macs Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 6.69%. After crossing the 7 percent mark last week, the 30-year fixed-rate mortgage saw its first decline in six weeks, says Sam Khater, chief economist for Freddie Mac, in a statement.
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Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
The 30-year fixed rate averaged just under 7% this week, according to Freddie Mac, but some economists are already revising their 2025 forecasts upward.
A forest-rich green monogram with serif font replaces the deep reds and howling wolf profile of earlier efforts. The new designs aim to reinforce the entrepreneurial spirit of the Lone Wolf brand.
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Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
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When it comes to estate appraisal services , understanding what impacts property value is crucial, especially in Westchester County, NY. Whether youre a homeowner aiming to refinance or sell, or a business eyeing an investment, staying informed aids strategic decisions. In this article, East Coast Appraisal Service uncovers the key factors influencing estate appraisal values in Westchester County.
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Brad Hargreaves, editor of "Thesis Driven," shared how he believes emerging technologies surrounding home equity, AI, ADUs, property development, off-the-grid living and driverless cars will impact residential development.
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Recruiting and retaining agents is all about finding the people who are already the right fit for your culture and business model, brokers at Connect NYC say.
Fannie Mae s title insurance pilot program could save borrowers up to $2.19 billion. This is according to a study released in January by Legal Economics Andrew Rodrigo Nigrinisand Todd Zywicki of the George Mason Universitys Antonin Scalia School of Law.Nigrinis is a former enforcement economist at the Consumer Financial Protection Bureau (CFPB). In their analysis, Nigrinis and Zywicki found that borrowers refinancing their mortgage could save an estimated $2.19 billion in total or as much as $1
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Hire like a pro if you want your office to be all that it can be, broker Joseph Santini writes. The right hire can make all the difference in supporting agents and clients.
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