Presidential Pause

How the election has real estate in a holding pattern

October 17, 2024

Splits and Caps Daily: Action for Agents

October 17, 2024

📈 Market Move:

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First-time buyers are in a bit of a holding pattern right now, and it's all about the upcoming election. A new survey shows nearly a quarter of them are hitting the pause button on home purchases, waiting to see if promises like down payment assistance or new housing policies will come to life in 2025. Younger buyers, especially, are tuned in, hoping that post-election, the housing market might finally cut them a break.

But it’s not just the election—some buyers are still saving up, while others are waiting for mortgage rates to drop. The real question is whether the market will bounce back with confidence or if rising home prices will keep would-be homeowners on the sidelines. Keep an eye on this one because it could set the tone for the next big wave of buyers.

🌟Quote of the Day:

"Success is not how high you have climbed, but how you make a positive difference to the world." – Roy T. Bennett

⚡ Quick Win:

Create a “Buyer Checklist”: Spend 30 minutes creating a step-by-step guide for buyers. Share it with your leads and current clients. It’s low effort, high impact—showing you’ve got their back from start to finish.

🎉 Fun Fact of the Day: 

Living in a Billboard: Some people have taken “thinking outside the box” to a whole new level—by turning old billboards into homes. Why advertise when you can live in your ad space?

📚 Book Recommendation:

“The Power of Habit” by Charles Duhigg – This one’s all about hacking your brain to create better habits. Whether you’re trying to become a lead-gen machine or just want to level up your daily routine, Duhigg breaks down how to change your habits and make success automatic. It’s not magic—it’s science.

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!

That’s it for today! Keep hustling, stay sharp, and remember—every move you make today is building tomorrow’s legacy. Let’s go crush it!

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