Holiday Cheer

Unwrapping a Market Surprise

December 06, 2024

Splits and Caps Daily: Action for Agents

December 6, 2024

📈 Market Move:

Rate Drop Rally

Mortgage rates just gave buyers an early gift, dropping to the lowest level in six weeks. The 30-year fixed rate now sits at 6.69%, down from 6.81% last week. The result? A mini-surge in homebuying activity.

Mortgage applications rose 2.8%, and more people are hitting the pavement for home tours, pushing demand to its highest point since early 2023. But let’s not pop the champagne just yet—affordability remains a buzzkill for many, with high prices keeping moderate-income buyers on the sidelines.

If you’re in the market, now might be the time to pounce on those homes that have been lingering since summer. Rates aren’t expected to drop much more, so savvy buyers are making moves while they can. The clock’s ticking!

🌟Quote of the Day:

"Go the extra mile. It’s never crowded." — Wayne Dyer

📊🤔 Agent Poll

What’s the most underrated time to make a sale?

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🎉 Fun Fact of the Day: 

Airbnb Pioneer: Before the tech bros, there were ice caves. In 1903, tourists in Iceland paid locals to sleep in carved-out glacier rooms. Technically, they invented “experiential lodging” before it was cool. Literally.

📚 Resource Recommendation:

Subto — Alright, let’s talk Subto. If you’re not hip to it yet, this is a program built for agents and investors who want to master creative financing. Think: buying properties without playing the “get a loan, cross your fingers” game.

Subto is like the Swiss Army knife of real estate deals, giving you tools to structure offers that make sellers say, “Wait, I can’t say no to this.” It’s especially clutch in today’s market where traditional financing is squeezing buyers and sellers alike.

The cherry on top? It’s not just a system; it’s a community. You get access to mentorship, education, and a network of dealmakers who are already crushing it.

If you’re ready to level up your approach and tackle deals others can’t, Subto might just be the cheat code you’ve been looking for.

Subto Real Estate Investing

Subto is a real estate education program and community focused on creative financing strategies that provides training and mentorship to real estate investors throughout America. 

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!

Wrapping up the week! Stay determined, keep adapting, and remember—your next big opportunity is just one decision away. Let’s make it happen!

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