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For many buyers, the mortgage rates of the last few years created an expectation that anything above 5% feels too high. However, as real estate professionals, we can reshape this narrative and help clients understand that the ultra-low rates during the pandemic were an exception—not the rule. As rates settle into a more historically typical…
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Above, from left, Heather Ozur, Rochelle Maize and Jamie Tian As devastating wildfires erupted across the Los Angeles area on January 7, fueled by fierce winds and dry conditions, the destruction was both staggering and deeply personal. While the fires are now fully contained, as they swept across the landscape, they reduced thousands of homes…
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Above, Toni Burns For Toni Burns—a REALTOR® with EXIT Realty in Lubbock, Texas—real estate is more than a job. It’s a lifelong calling. With over 22 years of experience, Burns has dedicated herself to helping first-time homebuyers, sellers and investors navigate one of life’s most important decisions. Her career has been defined by a passion…
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When four of the most successful residential real estate professionals got together recently to discuss what agents in today’s market need to succeed, there were any number of excellent ideas, strategies and recommendations. The reality? One point hovered over all others. There are no shortcuts. With all that’s gone on in the industry the last…
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The National Association of Home Builders (NAHB) recently testified before Congress to break down the five key supply-side issues that are hindering housing supply. The organization’s goal was to explain that implementing policies to alleviate supply-side bottlenecks that are the main drivers of low housing supply and high home prices would help ease the nation’s…
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The National Association of REALTORS® (NAR) has announced the appointment of Matthew Cenedella as its new Chief Financial Officer (CFO). Cenedella will start March 19, succeeding longtime CFO John Pierpoint, who will retire at the end of the month. Cenedella brings extensive financial strategy experience and operational leadership to NAR, the organization noted in a…
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Initiating a trade war, President Donald Trump’s 25% tariffs on Mexican and Canadian imports went into effect earlier this week on Tuesday, March 4. Directly impacting the housing market, there is a 25% tariff on imported aluminum, copper, lumber and steel. In 2023, the National Association of Home Builders (NAHB) estimated that $13 billion—or 7%—of…
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