April 25, 2022
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Interest Rates!!! Ukraine!!! Russia!!! Politics!!! Prices!!!! Uncertainty.
Yep its all happening. And its OK – we’ll work through – we will BLOOM!
People will still buy and sell homes. We will see a decrease in the number of sales and maybe an end to increasing prices. You’ll be ok so long as you build relationships, provide the best possible information, show people their options and do the work!
Love this term “Locked In” the experience a home seller has in deciding not to upgrade because the cost of a new mortgage is so much higher than the current mortgage they have.
Number of sales forecasted to be down 10%
Taming inflation is responsible for interest rate increases.
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Tech Tool
This one saves me much embarrassment
Grammarly
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Conversation advancer of the week
We will just wait until the market gets better in a few months. What specifically causes you to believe that the market will get better just because six months goes by?
- … that this offer isn’t at today’s fair-market value?
- … that now isn’t a great time to buy your next home?
What matters really is how much down and how much per month isn’t that correct? Lets look at the numbers.
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