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Better mortgage spreads are capping rates in 2025

Housing Wire

Mortgage spreads refer to the difference between the 10-year yield and the 30-year mortgage rate. The last two years were the two lowest new listings data years in history. Today, I want to explain why this topic is essential as we look ahead to the rest of 2025. Weekly inventory change (Jan.

Mortgage 491
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How to follow up with unresponsive clients without being pushy

Housing Wire

Address them by name, and refer to their real estate goals in your communication. It can also help to refer to where and how you met. If the client is looking at a specific neighborhood, follow up with them whenever you get a new listing in that area. You want to build an authentic, personal bond with the client.

Clients 344
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Logan Mohtashami on CNBC: How rates are impacting supply

Housing Wire

The recent move lower in rates is a good thing for housing “The American public just isn’t into the Fed’s housing policy,” he said on CNBC, in reference to homeowners who are not listing their property on the market. However, he noticed another notable decline in listing since mortgage rates really peaked above the 7% range.

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Is housing market demand starting to weaken?

Housing Wire

New listings of homes for sale were down 12% from the same period in 2019, and active listings — the number of homes listed for sale at any point during the period — fell 49% from the same period in 2019. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.).

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30 must-have real estate text message scripts to convert leads and close deals

Housing Wire

Script 8: New listing on the market Hi [Name], I just found a listing that fits your criteria perfectly! Personalize the message whenever possible: Use the recipient’s name and reference specific details (like where you met them or what property they contacted you about). Want to schedule a time to see it?

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NAR: Almost 50% of homes sold for more than list price

Housing Wire

New listings of homes for sale were down 12% from the same period in 2019, and active listings — the number of homes listed for sale at any point during the period — fell 49% from the same period in 2019. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.).

Realtors 497
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Mortgage rates hold steady at key level for now

Housing Wire

17-24), Inventory fell from 437,282 to 430,395 The recent inventory bottom was in 2022 at 240,194 The inventory peak for 2023 was 569,898 For context, active listings for this week in 2015 were 958,304 New listings data New listings data is growing year over year and increasing week to week, but I wish we were seeing more significant growth.

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