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November Real Estate News Wrap-up

Weekly Newsletter #68

 
Quote of the day: "Opportunities don't happen, you create them."– Chris Grosser

What We’re Up To


Welcome to the 68th 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.


November Real Estate News Wrap-up


Hello there, movers and shakers in real estate and business!


This November brought a mix of challenges and opportunities for the real estate market. From interest rate changes to rising home sales, let’s break it all down for you in five bite-sized updates:


1. Markets in Flux: Real Estate and Tech Struggle Globally

What’s Happening? 

  • The Hang Seng Index dropped 1.08% last week, with real estate stocks leading losses.

  • What it means for you: International market jitters, like US tariffs and global uncertainties, could impact real estate demand locally. Staying informed is key to preparing for potential ripple effects.

  • Source: here


2. Renting Woes: 1 in 5 Americans Struggle to Afford Rent

What’s Happening? 

  • A Redfin survey reveals that 22% of renters put their entire paycheck toward rent, with many working extra jobs or dipping into savings.

  • What it means for you: High rent burdens could push renters toward homeownership—or delay their ability to buy. It’s a critical moment to show how your services can ease their transition.

  • Source: here


3. Pending Sales Surge After Post-Election Boom

What’s Happening? 

  • Pending home sales climbed 12.1% year-over-year, thanks to increased home tours and demand following the election.

  • What it means for you: This rise might not be a seasonal blip! It’s the perfect time to connect with motivated buyers while interest is high.

  • Source: here


4. October Sees Growth in Existing-Home Sales

What’s Happening? 

  • Existing-home sales rose 3.4% last month, marking the first year-over-year gain since 2021. Median prices are up 4% at $407,200.

  • What it means for you: Growing inventory and stable prices spell opportunity. Highlight the wealth-building potential of homeownership to your clients!

  • Source: here


5. Mortgage Demand Jumps Amid Rate Drops

What’s Happening? 

  • A small drop in mortgage rates (from 6.90% to 6.86%) drove a 12% increase in mortgage applications. Pent-up demand from cautious buyers is being unleashed!

  • What it means for you: Now’s the time to capitalize on increased buyer interest. Offer resources to simplify their journey and address rate-related concerns.

  • Source: here


Need Help Marketing Your Property?


At TGFLIP Marketing Agency, we specialize in connecting your business or property to the right buyers. From dynamic video marketing to personalized digital strategies, we’re here to make your life easier.


Contact us today to see how we can help boost your marketing efforts and reach more buyers effectively!


That’s your November real estate news wrap-up! Stay tuned for more insights next month.


Wishing you a profitable month ahead,

TGFLIP Marketing Team




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