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The Daily Playbook for Real Estate Agents 💥 News, Marketing & Strategy 🔎 What Matters. What To Do Next. 🤝 Content To Help You Close More Deals

United States
Joined December 2022
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Housing Market Snapshot: • 43% of listings have seen price cuts. • Pending home sales are down 12.5% YoY. • Housing inventory is up 7.18% YoY. • Mortgage rates are at 7.17%. • New listings are down 1.8% YoY.
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🚨 BREAKING: REAL, eXp, Keller Williams & Berkshire Hathaway Announce Historic Team Up And we're live on @nowbammedia with the CEO's Tune in here👇 youtube.com/watch?v=kd_JRq6g…
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Quick Housing Market Update: Mortgage rates: 7.40% (up from 6.64% in July) Pending home sales: ↓ 15.4% YoY Mortgage purchase applications: ↓ 15% YoY Housing inventory: 898,139 homes (↑ 4.8% YoY) New listings: ↓ 2.1% YoY Listings with price cuts: 42.89% (vs. 41.08% last year)
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Quick Housing Market Update: 📉 Purchase applications: -14% YoY, -4% WoW 📈 Mortgage rates: 7.57%, up from 6.64% in mid-July 📉 Pending sales: 57,724 vs. 64,232 last year 📈 Inventory: 902,112 vs. 863,972 last year 📈 Price cuts: 42.83% vs. 41.6% last year 📈 New listings: Strongest year since 2022 Higher rates are pressuring demand, but giving buyers more inventory, price cuts, and negotiating leverage.
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September price cuts reached a record high, with 20.8% of homes for sale seeing a price reduction as mortgage rates climbed above 7%
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Seller concessions have reached a six-year high across the country 📈 According to Redfin, sellers gave buyers a concession in 44.7% of August home sales, the highest share for that month since 2020.
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FYI Seller's market: Under 5 months of inventory Balanced market: 5 to 6 months Buyer's market: Over 6 months The U.S. housing market looks very different depending on your local market. What type of market are you in?
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It may be time to think about your marketing techniques…
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New Home Sales June 2026 new home sales: 628,000 seasonally adjusted annual rate Up 1.6% from May 2026 (618,000) Down 5.6% from June 2025 (665,000)
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Median Sales Price June 2026 median sales price: $398,300 Down 3.3% from May 2026 ($412,000) Down 2.7% from June 2025 ($409,200)
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Average Sales Price June 2026 average sales price: $475,400 Down 9.5% from May 2026 ($525,200) Down 6.5% from June 2025 ($508,700)
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When someone asks, "how's the market?" Do you have a good answer? Obviously, understanding your local market is critical. But if you don't understand what's happening on a macro-level, nationally with housing, rates, inflation, Fed decisions, demand, and the economy you're missing half of it. That's exactly why @ByronLazine hosts the Hot Sheet. This is @nowbammedia's live, weekly market briefing now every Monday at 9:30 EST/6:30 AM PST. Start your week off right: youtube.com/live/bzGTU5EZxHY…
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