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About Dam Time
Why Next Year’s Market Could Be the One You’ve Been Waiting For
Splits and Caps Daily: Action for Agents
October 15, 2024
📈 Market Move:
Future Flow
Here’s the deal: The housing market’s been in a “wait-and-see” mode, but there’s hope on the horizon. Post-election clarity and dropping mortgage rates could be the spark we need for a strong rebound in 2025. Buyers are cautious right now, even with inventory up and rates at 20-month lows, but once rates hit that sweet spot in the 4-5% range, expect demand to skyrocket.
Homeowners are still holding off on selling, stuck in their low-rate mortgages, creating a “lock-in” effect. But if rates drop enough, that hesitation could fade fast, and we might see a flood of activity next year. Market Move: Watch those rates closely—they could be the tipping point for a housing surge in 2025.
🌟Quote of the Day:
"Don’t be pushed around by the fears in your mind. Be led by the dreams in your heart." — Roy T. Bennett
⚡ Quick Win:
Instagram Poll Power: Post an Instagram poll asking your audience something simple like, “Thinking of buying or selling this year?” People love voting, and it gives you an instant lead list for follow-up.
🎉 Fun Fact of the Day:
Home Sweet… Airport?: Believe it or not, Denver International Airport is larger than Manhattan in terms of land area. That’s some prime “real estate” for layovers and coffee shops!
📚 Book Recommendation:
"Building a StoryBrand" by Donald Miller — Real estate agents need to understand branding, and this book walks you through how to create a clear message that connects with clients. Perfect for agents wanting to stand out in a crowded market.
Want to level up even more? Hit the Agent Bookshelf for top reads, Agent Articles for real estate gold, and Agent Resources for the tools to boost your biz—go get it!
Time to sign off! Keep the hustle alive, stay adaptable, and remember—the next big win is just one smart move away. Let’s make waves!
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