Mixed data complicates macroeconomic forecasts as the June 2023 Commentary by Fannie Mae calls attention to low inventory, continued strength in the labor market, and the likelihood of recession as the Fed continues its restrictive monetary policy.
Instagram growth coach Brock Johnson breaks down three things that can hurt your Instagram engagement—or, at best, not do your brand any favors—and what you can do instead to reach and retain more of your ideal audience.
Realtor.com released its May Rental Report, which shows a 0.5% annual decline in the median asking rent—particularly for two-bedroom units—and economists predict continued rent declines, with an average drop of -0.9% for 2023.
Byron Lazine, Lisa Chinatti, and Tom Toole share their top six books for real estate agents. And you’ll want to add every single one (that you don’t already have) to your real estate business library.
During a live REFER Q&A hosted by The Broke Agent and Jason Cassity, Instagram guru Brock Johnson addressed and debunked five Instagram myths still circulating—shedding more light on how the algorithm really works.
A new Zillow report breaks down the affordability crisis in the U.S. showing the gap between household formation and available housing, which currently sits at 4.3 million missing homes.
A new Zillow report shows buyers pay more for homes with interior walls painted in dark hues rather than lighter neutrals—and about $2.5K more for dark gray kitchens.
Realtor.com® has issued its 2023 Forecast Update, showing a drop in mortgage rates to 6% by the end of the year, a slight decline in home prices, negative rent growth, and the total count for home sales hitting its lowest point since 2012.
A new Redfin report shows a 7.1% annual drop in homes for sale in May to 1.4 million. Record-low inventory is propping up prices and intensifying competition, boosting the average sale-to-list-price ratio to 100% after nine straight months of sub-100% ratios.
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose five points in June 2023 to 55, lifting builder confidence into positive territory, thanks to solid buyer demand, lack of inventory, and improved supply chain efficiency.
Byron Lazine, Tom Toole, and Lisa Chinatti discuss questions knowledge brokers should be asking their clients and prospects right now to steer each conversation to the latter’s greatest benefit.
Jordan Cohen’s book, The Agent’s Edge, is now available in ebook, audiobook, and hardcover. BAM is celebrating the release with four new, detailed reviews from co-founders Byron Lazine and The Broke Agent, plus Matt Lionetti and Dan Oneil.
