Let's talk more about my two favorite topics this week: Be Bold and Forge Ahead, in spite of the distractions. Off-market sales. If you are a potential home buyer or seller who is chuckling to yourself about my lame attempt to instill some hope into the marketplace,...
Now what? Let's reflect on recent history, because it's the only history that is relevant. Flush with equity, how do home sellers react when faced with adverse uncertainty? We have recent experience....Covid-19! In the first couple of months after that drastic...
Ok, we're home. What'd I miss?
https://www.nar.realtor/magazine/real-estate-news/nar-ceo-nykia-wright-meets-with-house-speaker-mike-johnson-congressional-leaders We are in Dallas for two days only and we'll be back home tonight. We came to the inaugural Summit Event here last year and it was jammed...
Cutting-edge technology was once a de rigueur residential amenity for any eight-figure listing, along with elaborate home gyms, zero-edge swimming pools and 12-car garages. It’s becoming nearly impossible to find a fridge, toaster or LED light that isn’t Wi-Fi-enabled...
The whole Klinge family is attending the 1000Watt Brand & Marketing Summit in Dallas this week - yeehaw! One of today's speakers dove into AI and how agents can use it to save hours of time doing mundane work. But I think everyone could benefit from these tidbits!...
Let's compare the start of 2025 to previous years. The last obvious buyer's market was in 2009, and in the graph above you can see how the supply swamped the demand. This year, sales have been strong and the supply is still relatively muted. Cash sales are a major...
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So much for lower rates! https://www.mortgagenewsdaily.com/markets/mortgage-rates-04072025 We're not in a buyer's market is because sellers have to agree to it AND move down on price - if they don't, then the market is just loitering. Sellers have the right to hold...
Are we in a buyer's market? No, not yet. For a buyer's market to actually happen, it would take sellers to acknowledge it, and act accordingly. Acknowledging it means lowering their price until they get offers, and then cut a deal with one of them. We're a long ways...
