April 14, 2018 – Market Update

Good Morning, SD Capital Funding’s back with this week’s market update.
Click here to listen and watch our audio update video!
Online real-estate company Zillow is getting into the business of buying and flipping homes. With smaller, lesser-known real-estate tech companies already testing this market, Zillow aims to disrupt the traditional residential brokerage business and the livelihood of tens of thousands of Realtors.
So today, we would like to offer some insight how to stay relevant in an industry that is constantly being threatened by outsiders. As a Realtor, you know your local market and customer base better than anyone else. No technology can replace that. Buying a home is an emotional purchase, spend time cultivating relationships with your buyers and sellers. Embrace technology, don’t fight it. Technology cannot simply replace everything in this world but it can make our personal and professional lives easier. Social media is a great tool to showcase how you are the go-to Realtor in your local market.
In other economic and mortgage-related news, wars dominated the markets! Trade war with China and a potential missile attack on Syria caused for a volatile week in both the stock and bond market. The week ended with the 30 year fixed rate at 4.27%. That’s our bi-weekly market update, we’ll be back in two weeks!
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