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Showing posts from 2022

First-time Buyers Back Despite Challenges

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First-Time Buyers Back Despite Challenges They now make up 45% of all homebuyers, up from 37% last year, even as affordability issues persist. Repeat buyers may have pulled back due to rising interest rates.                                                     First-time Buyers Back Despite Challenges CHARLOTTE, N.C. – First-time home buyers have returned to the housing market, and those who can afford a home are finding success after years of setbacks. The share of buyers purchasing a home for the first time has rebounded to pre-pandemic levels. First-time buyers now represent 45% of all buyers, up from 37% of buyers surveyed last year, according to Zillow’s 2022 Consumer Housing Trends Report. If they can overcome affordability challenges, first-time buyers could be well positioned to continue increasing their share in today’s shifting market, with more opti...

Higher Interest Rates May Help Housing Market

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Higher Interest Rates May Help Housing Market: Higher Interest Rates May Help Housing Market By Mike Sunnucks For buyers, higher interest rates mean less home for the money. But the market may benefit if those rates create a better balance between the number of buyers and sellers. WEST PALM BEACH, Fla. – Six of the nation’s top 25 most overvalued housing markets are in the Sunshine State, which can expect to see a “prolonged period of unaffordability” even as prices in other regions of the country cool. Recent studies by three South Florida universities and the University of Alabama point to the same high demand and low inventory as reasons for the homebuyer and rental angst experienced since the start of the pandemic, but the research also found future population growth in Florida will extend housing woes. Fort Myers led the state as the most “overvalued” market in April with homebuyers paying 51% more than they should based on historic pricing trends, according to a study by Florida ...

Stamp it with Excellence!

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The secret to success is to do the common jobs   uncommonly well.   - John D. Rockefeller, Jr. There is an indescribable superiority added to the character and fiber of the salespeople who consciously put the trademark of quality on their work. The mental and moral effect of doing things accurately, painstakingly, and thoroughly can hardly be estimated because the processes are so gradual, so subtle. Every time you obey the inward law of doing right, you hear an inward approval. On the contrary, every half completed, a careless, slipshod job that goes out of your hands leaves its trace of demoralization behind and excellence becomes impossible. There is no other advertisement for a sales professional like a good reputation.  Many of the world's greatest manufacturers have regarded their reputation as their most precious possession, and under no circumstances would they allow their names to be put on an imperfect article. Large sums of money are often paid for th...

Motivation & Enthusiasm - "The Abed Group"

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People who cannot motivate themselves must be content with mediocrity, no matter how impressive their other talents are.  - Andrew Carnegie                                                   Wade H & Keri S Abed - The Abed Group Enthusiasm is at the foundation of all progress! Talent is valuable, but without enthusiasm, it pales at the point of sale. Enthusiasm is the difference between mediocre and superior success in selling. Where do you get this energizing quality of enthusiasm? How do you maintain it after you tap into it? Admonition one: Take responsibility for your own level of enthusiasm throughout the selling day.  Don't leave it in the hands of others or with the circumstances around you. Learn what creates enthusiasm for you. Then, do it - turn it on! What are your first thoughts when you start a new day? Do you remind yourself of the good ...