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Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgage 448
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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

For buyers, you may want to link to new listings that fit their must-haves. Evergreen topics might include: how to prepare to list your house, everything your client needs to know about VA loans; or which home improvements yield the best financial return in a home sale.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

A key takeaway from this year’s report is the impact that rising raw materials costs has had on home-improvement projects. This has caused an average of -3% ROI for all home improvement projects. Here are the top ROI projects for a typical home in the U.S. Inventory across our area remains extremely low.

Buyers 36
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Will Springer Realtor - Untitled Article

Will Springer Realtor

annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.