Weekly Newsletter #62
Quote of the day: "Real estate is not just about property; it's about people, stories, and the spaces where life unfolds."
What We’re Up To
Welcome to the 62nd issue of the TGFLIP Marketing Agency Newsletter!
Our goal with this newsletter is to provide you with the latest news, insights, and best practices in marketing, with a focus on real estate and small business marketing.
August Real Estate News Wrap-up
Hello there,
August brought a mix of highs and lows in the real estate world. Whether you’re managing properties, fixing up homes, or simply keeping tabs on the market, here’s your bite-sized summary of the month’s top stories. Let’s dive in!
1. Renters Rejoice: Construction Boom Lowers Rents
What’s Happening?
The U.S. construction boom has finally paid off for renters! With more apartments coming onto the market than ever before, rental prices are sliding down for the first time since 2020.
Landlords are offering perks like free rent weeks and parking to fill vacancies, making this a renter's market in many areas.
Source: here
2. Housing Payments Dip: But Buyers Stay Cautious
What’s Happening?
Mortgage rates have dropped, making monthly payments more affordable than they’ve been in six months.
However, despite lower costs, buyers aren’t flocking to the market as expected.
Economic uncertainty and high home prices have many holding off for now.
Source: here
3. Mortgage Refinancing Surges as Rates Drop
What’s Happening?
Homeowners are seizing the moment! With interest rates hitting their lowest levels in over a year, mortgage refinancing applications skyrocketed by 35% in just one week.
If you’ve been considering refinancing, now might be the time to act.
Source: here
4. Investors Are Back: Snapping Up Homes
What’s Happening?
After a volatile few years, real estate investors are making a comeback. They’re buying up properties, driven by strong rental demand.
With 1 in 6 homes sold going to investors, this trend could signal shifts in the market dynamics ahead.
Source: here
5. The “Vibecession” Mindset: Are We in a Recession?
What’s Happening?
Despite a stable economy, a surprising 59% of Americans believe we’re in a recession. It’s all about the vibes—higher costs and financial strain have people feeling the pinch, even if the data says otherwise. This disconnect could influence consumer behavior in the months to come.
Source: here
Need Help Marketing Your Property?
At TGFLIP Marketing Agency, we understand the unique challenges of the real estate market. Whether it’s crafting compelling video marketing, utilizing detailed buyer lists, or deploying targeted digital strategies, we’re here to help you market your properties effectively. Let us take your marketing efforts to the next level.
Let’s make your property the next big thing!
Contact us today!
Stay tuned for more updates next month. Have a great week!
Wishing you a profitable month ahead,
TGFLIP Marketing Team
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