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Homebuyers are beginning to seek smaller mortgages as rates rise

USA Real Estate News-Inman - Wed, 2022-06-29 06:00
As demand picks up for government loans favored by entry-level buyers, the average purchase mortgage request has shrunk by 10 percent, to $413,500.

Meeting the Demand of the Secondary House Market

USA Real Estate News-RISMedia - Wed, 2022-06-29 04:06

Vacation properties, or secondary homes, make up a small percentage of the overall real estate market but remain a valuable source of income for real estate agents who list them. Though they are a small number, secondary properties are usually the same median price as primary residences, and prices are growing along with increasing demand.

Mark Your Calendar: REALTOR® Store Summer Sales—Get 20% Off

USA Real Estate News-RISMedia - Wed, 2022-06-29 04:05

NAR PULSE—The REALTOR® Store Summer Sale is coming July 11 – 22! Get 20% off on select products that cover topics like technology trends, real estate success and keys to successful marketing. Save the date and share with your agents!

Captaining the Ship: Be Prepared to Navigate Real Estate’s Choppy Seas

USA Real Estate News-RISMedia - Wed, 2022-06-29 04:04

It is becoming increasingly obvious that the hurricane-like recent real estate market is due for even more twists and turns in the coming months. In these times of uncertainty, the best leaders are always accompanied by dependable, effective teams, and those who weather the storm are those who inspire others. Attraction and motivation are the name of the game now more than ever as agents flock to effective, fundamental leadership when storm clouds gather on the horizon.

Service That Keeps Your Business Growing

USA Real Estate News-RISMedia - Wed, 2022-06-29 04:03

Never underestimate the power of solid relationships when building a business. At least that’s an ethos that Monique Mitchell, an agent with eXp Realty of California, has run her business on since starting her career.

“I’m not one to chase sales volume,” says Mitchell. “When you have systems in place and good relationships with people and your clients, that will come.”

Last year was a prime example of this very notion for Mitchell, who tallied $16 million in sales volume—admittedly her highest-grossing year.

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