Last week of the Month...Spring Selling Season is upon us
A DOSE OF WISDOM
"Springtime is the land awakening. The March winds are the morning yawn."— Lewis Grizzard
THE FIRST HIT
It's been a tough couple of years....rates are falling.....spring selling season is upon us. Did you fine tune your work flow and make yourself more efficient or work on mission statements. Not that they both aren't important, but some things are better at generating income and production than others........
THIS is what we have all been waiting for. NOW is the time to make hay. If you are going to be demonstrative in your efforts, NOW is the time to start if you haven't already. Soon....the media will begin to echo falling rates...the spring selling season...and it won't take much to get some real FOMO going. Get ready.........
WAIT A MINUTE.....YOU NEED MORE TIM????? No worries....I got you.....Spring doesn't officially start until March 20th....so you have a LITTLE more time before spring gets here.....but you better dust off the HP12c and get cooking........
Futures are stronger at the moment than I have seen in awhile, and while there aren't a ton of what I might consider to be market moving earnings releases this week, there is ONE that could move it on Wednesday after the bell in the form of Nvdia. As the poster child for AI the market as a WHOLE will be keen to see what Nvdia reports and what it says.
Early Signs for the Spring Housing Market - Altos
Spring home selling season off to slow start impacting homebuilders, says Ivy Zelman
Existing home sales in January fall 4.9%
Click n' Close SmartBuy Program - If you have not added this arrow to your quiver, you are not fully armed to attack the market. No income restrictions - No First-time Homebuyer restrictions, available NATIONWIDE (sorry NY), forgivable, non-forgivable and shared appreciate mortgage (SAM) options... and you can buy down the rate!!! Instead of adding a slew of different state DPA's add ONE!!!! One that can expand your customer base, help your customers tackle affordability issues AND increase your bottom line!!!
CONTROLLED MARKET SUBSTANCE
10 Year Yield - Lots of Fed speak this week with GDP on Thursday and PCE on Friday. If I were a betting man.....I might be willing to bet we are testing that support of 4.181% on the 10 year (I like that extra "1") come Friday. We'll see. Maybe not....but I still think we are going to see rates fall farther and faster than most people think......AND from a seasonality standpoint, we'll get that wind in our sails. Things could get quite busy, quite quickly.