Women's Wisdom Network (968)
Here we go again! As if we didn’t learn from past mistakes, with the stroke of a pen, a vast majority of people who have done things the right way will be forced to pay for those who have made specific choices that have put them in a poor position. Let’s be honest, nobody with below average credit doesn’t know why they do. It isn’t a surprise when they don’t pay back the money they owe or are late making payments. People have below average credit because of their actions. So why now is it the mortgage industry the ONLY industry that the government has chosen to reward bad behavior at the expense of those who have done as they were supposed to? Have we not seen this story before? Remember the “mortgage meltdown”? It wasn’t that long ago the entire world suffered because standards were relaxed and those who…
Amy Stoehr – CEO of Real Estate Masters Guild Encouraging and supporting like-minded real estate professionals who want success, profitability, balance and significance as their operating model. I've been training with, teaching for, and learning from the real estate industry's brightest and best since 1993! My mission since 1998 has been to have a profound impact on improving the quality of people's business and personal lives. I spent nearly 12 years with one of the real estate industry's most influential trainers, Howard Brinton STAR POWER Systems. Their foundation of best practices from best agents simply made sense. And the synergy and family atmosphere nurtured there is one I continue to seek out when I attend conferences and create in our live event environments. On the personal side, I love to hike, and I put this to the ultimate test in September 2019 by summiting Mt. Kilimanjaro in Tanzania, Africa. That adventure became a life-altering experience that led to the creation of Kilimanjaro Kidz Education Foundation - I hope you take a few minutes…
Artificial Intelligence (AI) has advanced, evidenced by the successful implementation of Players Edge The Players Edge Lottery Picks™, using advanced AI, machine learning, and applied pattern recognition technology, has predicted Grand Prize winning lottery numbers and a substantial number of 4 and 5 matched numbers for the April 22th and April 24rd Powerball drawings. Players Edge Lottery Picks for April 24, 2023 Powerball drawing1 – JACKPOT | 16 – 5 MATCH | 166 – 4 MATCH Actual Powerball Results for 4/24/23 drawing0 – JACKPOT | 0 – 5 MATCH | 6 – 4 MATCH Developed over five years, Players Edge is capable of studying past lottery numbers to identify winning patterns that influence future draws. John Giaimo, CEO of Bring it Home®, remarked: “Our algorithm predicted the last two Powerball Jackpots along with 207 2nd and 3rd prizes, significantly outperforming the actual Powerball results. With Players Edge Lotter Picks, you…
Why do women undervalue themselves and their services more than men? The research suggests that some, not all women in the workplace tend to undervalue their services more than the opposite sex. This situation often referred to as the “gender gap” is apparent in many verticals besides business. Women athletes, as an example have historically not been compensated like their male counterparts. There are several factors that impact women in the workplace like media coverage, sponsorship opportunities and the higher returns on revenue generally generated by men in sports. We know it is evident in team sports like basketball and soccer, but there are exceptions especially in the world of tennis. It may take time before equality is evident in getting pai, but for this post, the tips include the “how” not just the “why” on what we can do to improve the compensation we provide. Here are some ways…
If you were to look up the term “post-mortem” in the dictionary, you would find a medical-based definition first and foremost. Medically speaking, it is, as a post-mortem is a way to essentially find out what went wrong with a human being. But as I have discussed in previous blogs, post-mortems are just as commonly applied to failed business ventures, products, services, and corporate processes alike. Post-mortems are useful in the many different applications they are conducted in because they allow for the identification of a problem and how to better prevent them from occurring in the future. Specific to business, post-mortems allow leaders and managers to identify where a product, system, or service failed, where budget was exceeded, and any other issues that occurred along the way.
Of course, the issue with post-mortems in business is that they occur after the fact, after a product has already failed, or,…
The Mortgage Bankers Association said that purchase loan applications were down 10% last week. While I don’t contest that those are the numbers reported back to them, the numbers reporting back to me from my clients around the country, is that applications, along with contracts, and requests for preapprovals continues to climb. In some cases, dramatically! Granted I have a much smaller sample size, companies and branches in Florida, Texas, Arizona, Washington. Indiana, and Colorado are my only contributors, however, ALL are showing growth in activity. So maybe it’s just a fluke, or maybe it’s too small a sample? Could be those are just really active areas, sure, but all I know is that people who are committed to working are seeing solid results! Either way, there is business out there to be done and you need to get out and get in front of it. Even if that means…
Redfin reports 30% of 25-year olds owned their home in 2022, higher than the 27% rate for Gen Xers when they were the same age Nearly one-third (30%) of 25-year-olds owned their home in 2022, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s slightly higher than homeownership rates for millennials (28%) and Gen Xers (27%) when they were 25, and slightly lower than the rate for baby boomers (32%) when they were 25. Some Gen Zers were able to take advantage of record-low mortgage rates in 2020 and 2021 to buy homes, putting the generation on a slightly better homeownership trajectory than their parents. But those who didn’t buy homes during that period may struggle to break into the market now that housing costs have shot up, and the economy is showing signs of slowing.
Gen Zers tracking along with their parents’…
Investors are selling at a loss as elevated mortgage rates curtail homebuyer demand Roughly one of every seven (13.5%) U.S. homes sold by an investor in March sold for less than the investor bought it for, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s comparable with February’s 14.5% rate—the highest since 2016. It’s also nearly triple the share of a year earlier and compares with a record low of 2.8% in May. By comparison, 4.8% of overall U.S. homes that sold in March sold at a loss. This is according to a Redfin analysis of county records and MLS data across 40 of the most populous U.S. metropolitan areas. Redfin defines an investor as any institution or business that purchases residential real estate, including both large companies and mom-and-pop investors.
While most housing investors still reaped gains, those gains have shrunk. The…
Existing-home sales edged lower in March, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major U.S. regions, while sales in the Northeast remained steady. All regions posted year-over-year decreases. Total existing-home sales,[i] https://www.nar.realtor/existing-home-sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – fell 2.4% from February to a seasonally adjusted annual rate of 4.44 million in March. Year-over-year, sales waned 22.0% (down from 5.69 million in March 2022). “Home sales are trying to recover and are highly sensitive to changes in mortgage rates,” said NAR Chief Economist Lawrence Yun. “Yet, at the same time, multiple offers on starter homes are quite common, implying more supply is needed to fully satisfy demand. It’s a unique housing market.”
Total housing inventory[ii] registered at the end of March was 980,000 units, up 1.0% from February and 5.4% from one year ago…
So..what do YOU do when you are so far down in the slumps you can't figure out how to get out? Well I just survived one of those days and maybe what I figured out may help you. Share what you do when you need a boost!
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If you are a US citizen or resident planning to visit Canada, you are most likely wondering what documents you need for this trip. In addition to your ID, driver's license (if applicable) and passport, you will also need a visa. To make it easier for you, we have prepared an article with the most important things you need to know about visas. Traveling to Canada as a US citizen or resident can be a great opportunity to explore a new country, meet new people, and experience a different culture. However, it's important to make sure you have the necessary documents and visas to enter the country legally. In this article, we'll provide you with information on the Canada visitor visa from USA, including who needs one, how to apply, and what requirements you need to fulfill. What is a Canada Visitor Visa? A Canada visitor visa is a type of…
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In my experience as a strategic advisor to business leaders as well as being a serial entrepreneur myself, I find that many people believe that they cannot become entrepreneurs because it is “too late” for them or perhaps the sun has set on their chance to make a massive change in an industry or the world. Whether it is the way entrepreneurship is marketed to the world these days or some other reason, these individuals feel there is a hard deadline on starting a successful business. I have found that there are three common reasons that people believe they cannot become an entrepreneur: They believe entrepreneurship requires specific training or credentials like other fields of work They believe success in entrepreneurship comes before a certain age They believe they need to live in a certain area of the world The great news that I bring to many individuals is…
As we spoke about last week, the bond market really wants to improve. All the data on Tuesday and Wednesday, along with a lack luster 10yr auction still couldn’t keep the 30yr 5.5% coupon from fighting hard to retake it’s 200 day moving average once again. Make no mistake about it, I’m not saying we are going to see a robust move, not by any means, but I do see that the trend is for prices to improve and rates to go lower. Maybe the phrase will have to be, “Lower, slower” or something like that, but until we clear all of the old data from the first half of last year, even though the signs are all there, the year over year comparisons will still look worse than they really are! It will be June and July before we start running into where the market began to turn for…
![Women Pay 1.29 Times More for Homes They Own Than Men [LendingTree Study]](/media/k2/items/cache/a98cb72b988d3fde0e1889b5b31353a8_M.jpg)
Owning a home is a huge milestone for many Americans. Previously we found that single women own more homes than single men; our new study found that women are spending significantly more on their homes than men. LendingTree analyzed data from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey to compare how men and women spend. We looked at several categories, and when it came to spending on housing, it’s clear there’s a gender gap in the housing market. A quick look at what we found:
On average, women pay 1.29 times more on owned dwellings, which include mortgage interest, property taxes, home insurance, and other expenses. Broken down more specifically, women pay 1.20 times more on property taxes, 1.11 times more on housing, and 1.09 times more on mortgage interest and charges compared to men. Annually, women spend $16,223 on housing compared to the $15,562 spent…
Every year and in every way, I try to help create more Anticipatory Leaders and individuals working at Anticipatory Organizations as opposed to reactionary ones who quickly miss opportunities that are in plain sight. The major cornerstone to an Anticipatory mindset is my Hard Trend Methodology, where we discern between Hard Trend future certainties that are based on future facts that will happen and Soft Trends that are open to influence. This effort lets you see disruption before it disrupts and solve problems before they occur, turning disruption into a choice. Highlighting the three categories of my Hard Trend Methodology — technology, government regulations, and demographics — one of them is a constant that all organizations in every industry should be paying as much mind to as possible: demographics.
In a recent episode of my “Opportunity Hour: Conversations with the Masters,” I invited Dr. Ken Dychtwald to speak on the subject of the Baby Boomer age…
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