Spring Surge?

Sluggish sales could spur Spring supply

Splits and Caps Daily: Action for Agents

February 14, 2025

📈 Market Move:

Patient for Purchasers

The housing market is in a bit of a mess right now—demand is sluggish, mortgage rates are high, and sellers are feeling tired. But here's where it gets interesting: price cuts are on the rise, and more inventory is hitting the market. This could lead to some spring deals for buyers willing to negotiate.

Sellers have been pulling listings left and right, with January seeing the most pulled listings in a decade. But with the season changing, we might see sellers come back into the game, even if it means slashing prices. The key question is whether they'll be willing to hold out for buyers, especially with mortgage rates still hovering around 7%.

But for buyers, there’s a silver lining—inventory is creeping up, and with prices falling, it could be a good time to strike. Don’t expect rates to drop drastically anytime soon, though, with inflation still a factor. The spring market might be volatile, but those looking for deals could find them "on the margins" if they're ready to make a move. The key will be whether sellers can muster the patience for the long haul while buyers start nibbling around the edges.

🌟Quote of the Day:

"Every strike brings me closer to the next home run." — Babe Ruth

⚡ 📊🤔 Agent Poll

What’s your number one priority right now?

Login or Subscribe to participate in polls.

🎉 Fun Fact of the Day: 

Listing Love: Did you know that nearly 40% of all homebuyers say they would be willing to relocate for love? So, if you’re trying to close a deal, maybe mention the potential for romance in a new city. 😏🏡

📚 Resource Recommendation:

beehiiv—Alright, agents and brokers, listen up—if you’re looking to level up your newsletter game and start collecting leads like a pro, Beehiiv is the platform you’ve been sleeping on. Here’s the deal: Beehiiv is designed for creators and entrepreneurs (yes, you!) who want to easily build, grow, and monetize a killer email list.

Why should you care? Because this platform gives you all the tools you need to craft a slick, professional newsletter without needing a PhD in tech. You get all the standard goodies—customizable templates, robust analytics, and seamless integrations. But where it really stands out? The built-in referral programs and subscriber management features make growing your list ridiculously easy.

So if you’re serious about building your audience, growing your business, and delivering that value-packed newsletter we all know you can, Beehiiv’s your new best friend. Try it out, and watch your email game soar! 🚀

You’re not just building a business, you’re building a legacy—make today count.

What did you think of today’s edition?
Hit ‘reply’ to this email and let us know!

Reply

or to participate.