Baby boomers edge out millennials as top buying force

Categories: Labor | Work Law Services | Professionals Business goods Financially Fair events Self-employed without employees Staff Kantoor Marketing Retail Retail Industry Age: 14 until 18 year 19 until 30 year 31 until 64 years

1 year ago

Html
Text

Do you know what a saltbox house looks like? | Leaders can prime teams, but personal drive is a must | Housing market diverges between eastern and western US

Created for newsletter@newslettercollector.com | Web Version

March 28, 2023

Top News

Baby boomers edge out millennials as top buying force Older adults who have built equity over many years are in the best position to purchase homes in today's roller coaster market, NAR data shows. Full Story: REALTOR® Magazine (3/28)

	The Perfect Pre-Listing Packet Template Get our updated Pre-Listing Packet template that creates trust, delivers value, and establishes you as the local market authority… Before you even go to the listing appointment! This PDF template helps you win more listings, consistently! Download Now >>

Best Practices in Sales & Marketing

Do you know what a saltbox house looks like? Put your architectural knowledge to the test. Check out this guide to the most common home styles and see how much you know. Full Story: REALTOR® Magazine/Architectural Styles (3/28)

Leaders can prime teams, but personal drive is a must Getting sales teams off to a good start requires clearing the decks to make their jobs easier, ensuring open communication with you and not ignoring accountability, writes Loyd Ford of Rainmaker Pathway Consulting, or RPC. The best sellers learn from their managers and also go above and beyond through creativity and forward progress, Ford explains. Full Story: Radio Ink (3/26)

Real Estate Trends

Housing market diverges between eastern and western US There is a clear geographic divide in the country's housing market, with major metropolitan areas in the western US seeing home prices fall in January even as those in the eastern US saw home prices rise. The divergence may be related to local differences in supply, affordability and job availability. Full Story: The Wall Street Journal (3/27)

Home value rise outpaces rent increases The rise in home values in recent years has widened the gap between what it costs to own versus rent a home. According to this analysis by the National Multifamily Housing Council, it costs $1,176 more monthly to buy. Full Story: CBS News (3/27)

Technology & Innovations

How marketers can use AI to help with video content

(Pixabay)

Chris Lavigne, head of production at Wistia, talks about how artificial intelligence, including generative AI like ChatGPT, can help marketers create video content. Lavigne explains how ChatGPT can assist with script writing and how tools such as Runway and Descript speed up the editing process. Full Story: HubSpot (3/27)

Business Wellness

5 do-gooders who embody the REALTOR® NAR members make a difference in their communities every day. The REALTORS® Are Good Neighbors program shares heartwarming stories on social media. Full Story: REALTOR® Magazine/Culture Scan (3/6)

What not to do in money management Executives involved in recent high-profile bank collapses invested in fixed-income products, assumed rates would stay low and ignored concentrated risk, financial planner Hal Bundrick writes. Bundrick outlines how to learn from these mistakes and avoid similar money-management failures. Full Story: MarketWatch (tiered subscription model)/NerdWallet (3/27)

Fair & Equitable Housing

Washington budget plan prioritizes affordable housing State lawmakers in Washington are planning a $704 million investment in affordable housing statewide, including $400 million for the Housing Trust Fund and $175 million for emergency housing. Full Story: The Columbian (Vancouver, Wash.) (tiered subscription model) (3/27)

Legislation & Regulation

Bank failures could put damper on economy for months Though the US banking system has stabilized after the failure of Silicon Valley Bank, experts say the crisis could ripple through the economy for months or years to come. A Federal Reserve survey of loan officers found that 40% had tightened business lending standards, which could put a damper on spending, hiring and other activities. Full Story: Axios (3/24)

World Bank foresees "lost decade" without new policies Unless policymakers adopt new initiatives to boost labor force participation and increase productivity and investment, the global economy could enter a "lost decade" of economic growth, according to the World Bank. These kinds of efforts could increase potential GDP growth to 2.9%, above the 2.2% annual growth the World Bank predicts could otherwise occur through 2030. Full Story: Reuters (3/27)

Sharing Navigate With NAR Powered by REALTOR® Magazine with your network keeps the quality of content high and these newsletters free.

Help Spread the Word

Or copy and share your personalized link:

smartbrief.com/nar/?referrerId=niiEhFArgr

LEARN MORE:

nar.realtor | magazine.realtor | Contact NAR | Advertise With NAR

About The National Association of REALTORS®

The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.

SmartBrief Publishes More Than 200 Free Industry Newsletters - Browse Our Portfolio

Unsubscribe | Privacy Policy

CONTACT SMARTBRIEF: FEEDBACK | ADVERTISE

Share on

Other newsletters from Realtor.org

By the numbers: What buyers and sellers are telling us Realtor.org
22 hours ago
3 home design trends we're most grateful for this year Realtor.org
Yesterday at 19:27
Earn up to 4% with Offerpad’s Agent Program! Realtor.org
Last Monday at 16:03

More newsletters from Realtor.org

Related newsletters

View other categories

Labor | Work Law Services | Professionals Business goods Financially Fair events Self-employed without employees Staff Kantoor Marketing Retail Retail Industry