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"Unlocking Real Estate Success: Market Forecasting & CRM Tips"
"Unlocking Real Estate Success: Market Forecasting & CRM Tips"
"Unlocking Housing Market Insights & CRM Solutions"
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Welcome to the Friday edition of The Rising Realtor where we'll be brining you all the info you need to rise from the ashes of yesteryear and soar to new heights in your business.
But first... Like we always do about this time... |
Trivia Question❓What is the most expensive residential property ever sold in the United States, and where is it located? Answer at the bottom of the newsletter |
Let's Talk About Rates |
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Last week I said, in the classiest way possible...
"they suck. But is there hope?"
I'm no one to toot my own horn but... Toot Toot. As you can see on the chart, if you count backwards 5 days or "candles", it shows where we were last week.
This week hasn't been incredible, but it has consistently pushed down (other than Monday). This is very promising.
But not as promising as the blue line crossing over the yellow line on the top chart. Those lines are exponential moving averages (EMA) and in the second section we have the MACD red line crossing the blue.
Both of these sets of lines are confirmed downtrends for the 10 year treasury bond yield which is sitting at 4.085 as of 2pm today and more importantly, it's recovered ALL of February increases since Feb 2nd.
Rest asssured... relief is coming. At least for now. 🤷♂️
"But Jay, what the heck are those other two sections?"
I look at them for reading charts but while writing this I took a call and forget to crop them out. 😊 My bad. |
Do You Use HomeIQ? |
It's easily one of our favorite tools and you can get it for free! Everyone loves free. 😉
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"Forecasting the Housing Market: Insights for Real Estate Professionals and Homeowners." |
The article discusses predictions for the housing market, highlighting key trends and factors influencing the industry's future. It delves into topics such as market dynamics, interest rates, and affordability, offering insights to help guide real estate professionals and homeowners alike. The piece emphasizes the importance of staying informed and adaptable in a rapidly evolving market, underscoring the need for strategic decision-making and awareness of macroeconomic influences. Overall, the article serves as a valuable resource for navigating the complexities of the housing market and preparing for potential shifts and opportunities in the real estate landscape. Read More... |
Interesting Facts |
Interesting Facts About "You" |
Interesting Facts |
- Successful real estate agents often have a wide network of contacts and connections to help them find the perfect property for their clients. - Many successful real estate agents are skilled negotiators, able to secure the best deals for their clients through strategic conversations and persuasive arguments. - It's not uncommon for successful real estate agents to work long hours and be highly dedicated to their craft, constantly staying updated on market trends and client needs. |
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Just The Tip |
Secret Little Hack |
One secret hack for Real Estate is to always be building relationships with other real estate professionals, such as agents, brokers, lenders, and contractors.
Networking and forming partnerships can open up new opportunities, provide valuable insights, and help you stay ahead in the competitive market.
All downturns create opportunity and the slow down in real estate is no different.
When it happens, it's important to strengthen relationships and get back to basics. Do the work and the rest will follow. |
As a real estate professional, leveraging a reliable customer relationship management (CRM) system can significantly enhance your business growth.
Lots of great options... so how do you choose?
You can test, and retest, find something you think you like, get shiny object syndrome and look at something else and basically spin your wheels for months (I've certainly done that).
Or...
Hit me up and get access to an all in one CRM platform built out specifically for Realtors for a whopping...
... drum roll...
$25 per month or $500 per year. Whatever you prefer.
And yes, you can reach out just to ask questions about it. I'm happy to help take a tech piece off your plate. |
That's it for this edition. Hope you enjoyed reading as much as I enjoyed writing this newsletter.
If there's anything I can do for you, don't hesitate to reach out.
Until next time! Email: jason@themortgage.app |
💡 Answer to Trivia Question: The most expensive residential property ever sold in the United States is a penthouse at 220 Central Park South in New York City, which sold for $238 million in early 2019. |
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