MP

Mike Pappas

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  • FED Rate Cut: Potential Relief for Homeowners Amid Election Dynamics
    Mike explains, "Lower rates make borrowing cheaper, potentially lowering mortgage rates and encouraging buying, which can push home prices higher. However, limited housing inventory and economic stability also play crucial roles." He adds, "Lower rates might prompt homeowners with low-rate mortgages to list their homes, impacting market dynamics."
  • New Buyer Agent Fees: How Sellers Are Adapting in 2023
    Mike notes, "Sellers are incentivizing buyer agents by covering their fees, making homes more accessible." In slow markets, sellers often cover these fees to attract buyers, while in competitive markets, it can give sellers leverage for better offers. Mike emphasizes the importance of professional agents in navigating the complexities of home buying.
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  • Matterport 3D virtual tours give our customers the confidence they need to make one of the most important decisions they will ever make. The richness of detail and information available in these 3D tours gives buyers assurance in their choice. Sellers appreciate the competitive edge virtual tours provide and the reduction of in-person walkthroughs of their home.

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