March Real Estate News Wrap-up

Weekly

Newsletter #52

Hello all! Hope you enjoy issue 52 of the newsletter. Thank you so much for subscribing!

Quote of the week: "Opportunities are like sunrises. If you wait too long, you miss them." - William Arthur Ward

What We’re Up To

Welcome to the 52nd issue of the TGFLIP Marketing Agency Newsletter!

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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.

March Real Estate News Wrap-up

Hello TGFLIP Community,

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Welcome back to your monthly dose of real estate insights! March brought some exciting developments, so let's jump right in.

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1. Spring Supply Surge:

• What Happened: The supply of homes for sale saw a significant 5% increase, marking the largest uptick in nearly a year.
• Impact: Increasing inventory is attracting more buyers to the market, potentially easing competition.
• Source: here

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2. Soaring Existing-Home Sales:

• Key Points: Existing home sales skyrocketed by 9.5% in February, the largest monthly increase in a year.
• Significance: This surge indicates robust market activity and growing buyer demand.
• Source: here

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3. NAR Settlement Shake-up:

• Breaking News: A landmark settlement by the National Association of Realtors promises sweeping reforms in the real estate market.
• Takeaway: The agreement could have far-reaching implications for home buyers, sellers, and industry professionals.
• Source: here

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4. End of the 6% Commission Era:

• What Changed: The NAR settlement eliminates the long-standing 6% commission model, potentially reducing costs for buyers and sellers.
• Impact: This seismic shift could reshape the real estate landscape, ushering in alternative business models.
• Source: here

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5. Listings Surge to 17-Month High:

• Latest Data: New listings reached the highest level in 17 months, indicating a rebound in housing supply.
• Consideration: While supply is increasing, home prices continue to rise, posing challenges for prospective buyers.
• Source: here

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Curious about navigating these market shifts? ??

?At TGFLIP, we specialize in getting your property noticed through a targeted buyer list and cutting-edge digital marketing strategies. From video marketing to comprehensive online campaigns, we've got you covered.

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Connect with TGFLIP today for a personalized strategy session!

Here's to a fantastic April and successful real estate ventures!

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Warm regards,

TGFLIP Marketing Team

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For more information on how we can help you succeed in real estate marketing and beyond, please visit our website. If you have any questions or would like to discuss your marketing needs, please don't hesitate to reach out to us.

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