Spring Snooze

Buyers are hesitating, but builders are making moves

Splits and Caps Daily: Action for Agents

March 28, 2025

📈 Market Move:

Resale Rut

Spring’s supposed to be real estate’s Super Bowl, but this year? More like a preseason scrimmage. Pending sales are still trailing last year—down 3.6%—as buyers wrestle with high prices and an economy that feels like a game of Jenga.

But here’s the plot twist: New home sales are quietly heating up, especially in the $300K-$400K range. Builders are bringing inventory, and buyers are biting. Meanwhile, mortgage rates are holding steady at 6.65%, giving some hope that affordability won’t get worse (which, let’s be honest, is as close to good news as we get these days).

Bottom line: The resale market is sluggish, but new homes are making moves. If you’re an agent, keep your eyes on the builders—they might just be your MVPs this season.

🌟Quote of the Day:

"Success is getting what you want. Happiness is wanting what you get." — Dale Carnegie

📊🤔 Agent Poll

How are your buyers feeling about new construction right now? 🚧🏡

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🎉 Fun Fact of the Day: 

Being Buffet: Warren Buffett still lives in the same house he bought in 1958 for $31,500. Dude can buy an island, but he’s chilling in Omaha like it’s NBD. Sometimes, wealth is just knowing when not to upgrade.

📚 Resource Recommendation:

RentRedi—If you (or your investor clients) are still managing rentals with spreadsheets, late-night maintenance calls, and rent checks that mysteriously never arrive on time… it’s time to upgrade. RentRedi is an all-in-one property management tool that takes the hassle out of landlording.

We’re talking online rent collection, tenant screening, lease tracking, and even maintenance requests—all in one app. It’s like giving landlords a virtual assistant who never takes a day off.

🔹 Best for: Agents who work with investors, self-managing landlords, or anyone tired of rental chaos
🔹 Pro tip: Use RentRedi to help investor clients streamline operations (aka, make you look like the smartest agent in the game)

Champions are made in the unseen hours—show up for yourself.

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