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- September Stalemate
September Stalemate
Inventory Climbs, Sales Drop
Splits and Caps Daily: Action for Agents
October 24, 2024
📈 Market Move:
Housing Hangover
September wasn’t kind to the housing market—despite lower mortgage rates and rising inventory, home sales dropped to their lowest level in 14 years. With prices still creeping up, first-time buyers stayed on the sidelines.
Even with more homes available, the market is stuck in a weird spot: supply is growing, but demand just isn’t keeping up. Economists are cautiously optimistic that lower rates and more inventory could revive sales in the fourth quarter, but uncertainty around inflation and the upcoming election might throw a wrench in any potential recovery.
🌟Quote of the Day:
"If you don't build your dream, someone else will hire you to help build theirs." – Dhirubhai Ambani
âš¡ Quick Win:
The Sneak Peek: Post a teaser photo of a new listing on your Instagram Story. Add a countdown to when the full listing drops. Instant hype builder. You’re setting the stage and giving people something to look forward to.
🎉 Fun Fact of the Day:
Swapping Islands Like Monopoly: Norway and Finland traded islands every year for over 60 years due to a border dispute. It's like a real-life game of Monopoly—except with actual land!
📚 Book Recommendation:
"Crushing It!" by Gary Vaynerchuk – If you’re not following Gary Vee yet, you’re missing out on a masterclass in hustle. In Crushing It!, Vaynerchuk spills the secrets to building a personal brand and leveraging social media to skyrocket your business. Whether you're in real estate or any other field, this book is your guide to getting attention and turning it into success. Time to go all in!
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 stacking those wins, stay sharp, and remember—every small step takes you closer to the top. Let’s go crush it!
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