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Fed Chair Powell Affirms Rate Cuts Are Coming This Year as U.S. Moves Closer to 2% Inflation Goal

Federal Reserve Chair Jerome Powell on Wednesday signaled that rate cuts are coming this year, sticking to the Fed’s cautious script about slashing rates too quickly before it has a sustained handle on inflation. “In our pursuit of our dual mandate, the Federal Reserve remains steadfast in promoting maximum employment and stable prices for the… […]

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Millions Priced Out of Homeownership This Year, Researchers Find

Cost burdens and affordability have become two of the most acute, most urgent issues to emerge from the last three turbulent years in the housing sector, according to Harvard’s Joint Center for Housing Studies (JCHS), which released its “State of the Nation’s Housing” annual report this week, estimating that over 2 million renter households have… […]

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‘We Can’t Be Fragmented on Something as Important as This’

Above: Katie Lappe, left, with daughter Abby. Housing is for everybody. That is a goal, not a statement of fact. There remain a myriad of barriers—racial discrimination, lack of availability of homes, red tape, debt—that prevent huge swaths of people from achieving homeownership. If the mission of real estate professionals is to move toward that… […]

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3 Things You Can Do This Week to Improve Team Communication

Patrick Lencioni warns of five dysfunctions that threaten the stability and success of any team. His five dysfunctions are all real threats that I’ve personally witnessed over and over while coaching teams of all sizes. I’ve also found that clarity in communication cuts through each of those five dysfunctions faster than just about any other… […]

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Help Your Team Crush Their Goals This Year (and Beyond!)

Setting goals for your team is an important part of your business plan. It’s also an excellent way to get everyone fired up and on board to implement new strategies. Involving your team members in the planning also gives them a sense of ownership and pride.  Create a plan   Your team needs to have a… […]

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In This Together: The Importance of Local Relationships in a Downturn

It certainly looks like the real estate market has peaked, and at least nationally, housing has entered a correction of some kind. What exactly this will look like as we move forward is not fully understood, with mortgage rates pushing some buyers out and a recession potentially creating broad economic pain for both buyers and… […]

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Mortgage Rates Start Lower, But Could See Some Volatility This Week

Mortgage rates have been fairly flat in the bigger picture, but each passing day continues to bring small scale movements. This is almost always the case, even if rate quotes don’t seem to be changing. One key reason for this is the difference between “note rate” and “effective rate.” The former is the rate that […]

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How to Earn More Referrals This Holiday Season

 Thanksgiving and Black Friday are now in our rearview mirror! Hanukkah starts today, and with Christmas and New Year’s right around the corner, now is the perfect time to reach out to your clients. Without regular touches, former clients could easily forget that you’re still an active agent in their area and may not […]

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Mortgage Rates Moving Higher So Far This Week

Mortgage rates are coming off a solid performance last week after having moved to the lowest levels in 5 months by Thursday afternoon. This week is shaping up to be a bit different , however. In fact, as of this afternoon, the average lender has lost most of last week’s improvements. What’s behind the volatility? […]

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Mortgage Rates Are Actually LOWER This Week

Mortgage rates hit their lowest levels in a week yesterday and are sideways to slightly lower today, depending on the lender. These facts are not well represented in the news today, where you’re more likely to see stories about rates being much higher this week. What’s up with the discrepancy? As is often the case […]

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