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When will mortgage rates get over 4%?

Housing Wire

Since the summer of 2020, I have argued that if mortgage rates could get over 3.75% , days on market would rise and the rate of price growth would cool. We need the days on market to grow out of the teenager stage. Start an HW+ Membership now for less than $1 a day.

Mortgages 529
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Price reductions: 6 things to consider before lowering the price

Housing Wire

Inside, staging can make a huge difference. Related articles Sell more homes: 17 home staging tips for real estate agents 30 inspiring curb appeal ideas to make a lasting first impression How to write creative real estate listing descriptions + examples 2.

Staging 362
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Home staging helps reduce days on market, agents report

Real Trends

Over half of buyers’ agents (58%) report that staging a home has an effect on most buyers’ view of the home most of the time, according to the National Association of Realtors ’ 2023 Profile of Home Staging report. Another 31% of respondents reported that home stage has an effect on buyers but not always.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

While you want your clients to be prepared, focus primarily on the immediate next steps and reiterate the key details as you progress through each stage of the transaction. Set the stage: Educate your clients on the market This is your time to shine! How will these factors affect a potential offer?

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Why “Days on Market” Matters to Home Buyers When Selling a House

HomeLight

The amount of time a home spends on a market (a statistic known as “days on market”) depends on a variety of factors like location, market trends, how your listing is marketed, and pricing. For instance, in Lafayette, LA the median days on market spent is 72 days, while in Atlanta, GA that number is 33 days.

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Does Days on Market (DOM) Matter in Real Estate

Realty Biz

Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. DOM on The Real Estate Market.

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23 creative open house ideas to drive foot traffic, get leads and sell fast

Housing Wire

Summary Planning your open house Marketing your open house Hosting your open house Open house follow-up ideas The full picture Open house ideas: Planning your next event Not every one of your clients wants or needs to hold an open house, but you can certainly play up your open house events to help you reach your real estate career goals.

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