See-Saw Selling

Why lower rates could be a bad thing for buyers

October 18, 2024

Splits and Caps Daily: Action for Agents

October 18, 2024

📈 Market Move:

Rates Drop, Prices Pop?

Alright, so here’s the deal: The Fed just cut rates, and while that sounds like a win for buyers, don’t break out the confetti just yet. Lower mortgage rates mean more buyers jumping back into the market, but here’s the catch—there’s still a massive housing shortage. Less supply + more demand = potential price hikes.

If more sellers don’t jump in to meet that demand, we could see a serious run-up in home prices. So, if you’re waiting for a price drop... you might be waiting a while. More buyers competing for limited homes could send prices up, especially if mortgage rates dip below 6%. Buckle up—it’s about to get competitive out there.

🌟Quote of the Day:

"If you can dream it, you can do it." — Walt Disney

📊🤔 Agent Poll

If you could predict one trend for the housing market in 2025, what would it be?

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🎉 Fun Fact of the Day: 

Tiny House, Big Impact: The tiny house trend is taking over. In fact, homes under 500 square feet have been increasing in popularity—turns out, less space = more freedom for some folks.

📚 Resource Recommendation:

Want to stand out in the crowded real estate market? Meet HeyGen, your secret weapon for creating personalized videos at scale. This AI-powered platform helps you generate engaging video content effortlessly—perfect for property showcases, client testimonials, or market updates.

With easy customization options, you can tailor messages for different audiences, making your outreach feel personal and impactful. Say goodbye to generic communications and hello to a more engaging way to connect with clients. HeyGen lets your listings come to life, helping you close deals faster and build stronger relationships!

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 a wrap for this week! Keep pushing forward, stay relentless, and remember—success is a series of small, smart moves. Let’s make them count!

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