Real estate contract cancellations are at a “record high” (I put that in quotes for a reason…)

I’m glad you’re here!

I’ve put together a nice assortment of bite-sized pieces of real estate news, entertainment, and resources I think you’re going to enjoy. (And maybe even learn a thing or two you never knew you wanted to know!)

Here’s a sneak peek at what’s on tap:

• On the fence about robots taking over?

• Real estate contract cancellations are at a “record high”

• Stock photos are hilarious!

But first, let’s start it off with my…

Meme of the Week

And just like that, Halloween will be right around the corner again!

On the fence about robots taking over?

Some people think we should be worried about robots taking over the world. Some aren’t worried about it at all. Only time will tell how concerned we should be, but for now, it looks like we have some time before it’s a real threat.

At least based upon what happened to one homeowner in California…

A food delivery robot went through her garden uprooting plants, and then drove through her fence and dragged a portion of it along for the ride to its next stop.

Real estate contract cancellations are at a “record high”

According to recent headlines, real estate contract cancellations are at their highest January level since 2017. However, while that might sound alarming, it’s only a 0.6 percentage point increase compared to last January, and a 2.7 percentage point increase compared to January 2017.

Unfortunately, headlines are often designed to grab your attention, not necessarily make things sound normal.

While the claims are factually correct, cancellations are normal, and the increases are not as drastic as they may sound. If you want a more objective take on what’s going on, check out this article I recently published.

“How’s the market?”

I get that question a lot, and I’m always happy to answer it! But there’s no one-size-fits-all answer. That’s why this newsletter doesn’t include weekly stats or price updates.

Besides, most people don’t care about real estate data until it actually matters to them. So instead of stats, I just try to keep this fun and entertaining.

Curious about a specific house? Wonder what your place is worth? Or just want a quick market snapshot?

Just hit reply and ask me! I’m always glad to give you any information, thoughts, or data you want. (And of course, no obligation or pressure! I love any opportunity to talk about the market.)

Trivia Time

In which U.S. city are the McDonald’s “Golden Arches” turquoise, rather than yellow?

A) Santa Fe, NM

B) Sedona, AZ

C) Asheville, NC

D) Miami, FL

Click the answer you think is correct.

Stock photos are hilarious!

There are lots of misperceptions about what it’s like to be a real estate agent.

But it’s easy to see why people outside the industry would have a skewed view of an agent’s life when you look at it through the lens of stock photos! For example, check out these nine things agents are often depicted doing in stock photos for a quick laugh.

And if you’ve never looked through stock photos of people in your career, it might be fun to give it a try the next time you’re bored.

The fact is…

Selling for less makes sense when you use a word like that… but taking longer to sell is a really interesting tidbit!

That wraps it up for this week!

Be on the lookout for the next one!

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