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June 2023

Analysis

Stages of the real estate industry

To put the ever-evolving real estate industry into perspective, T3 Sixty has identified a framework for the major innovations and developments as they have occurred over time in what it terms real estate brokerage stages. First introduced in the 2019 Swanepoel Trends Report, the T3 Brokerage Stages concept helps real estate leaders understand where the […]

Luxury real estate overview

As mortgage rates rise, inventory stagnates and the economy remains unpredictable, luxury real estate, which typically offers higher margins and less volatility than the lower-priced market, has become increasingly attractive to brokerages and agents. There are many definitions of luxury real estate. A working definition for this article can be homes from 1.5 to 2X […]

Should I stay or should I go: The mortgage lock-in effect

With mortgage rates more than doubling to 6.7% since the start of 2022, buying and selling a home today means taking on a higher-rate mortgage. A recent survey from realtor.com noted that 82% of homesellers are reluctant to sell their home and give up the low interest rate on their current mortgage, known as the […]
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