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FIVE STAR 2024 CONFERENCE & EXPO SEPTEMBER 24-26, 2024

Last week I had a please attending Five Star Conference and Expo 2024 in Dallas, Texas.

While the conference was lightly attended compared to the prior years, real estate agents and brokers are adjusting to new reality in high rate environment and getting ready for November election course change.
Many topics were discussed at the conference, I'll list a few of them that I had a pleasure to discuss or listened to the speakers presenting on.

It's clear that the real estate market is navigating a complex landscape, especially with the combination of high interest rates and inflation. These factors certainly affect affordability, which can impact buyer confidence and overall market activity.

In terms of the single-family rental market, properties may continue to see demand as buying becomes more challenging for many. Investors might also look towards REO (Real Estate Owned) and foreclosure opportunities as they seek to capitalize on distressed properties.

The new loss mitigation measures for borrowers could be a game-changer, especially if they provide more options for those struggling with payments. It's important to stay informed about the legal implications surrounding these issues, as laws around loss mitigation can vary significantly and impact both borrowers and lenders.

As we approach the November elections, the potential policy shifts could further influence the market dynamics.

It's an interesting times we live in right now, and that's is exactly why, I think, attending conferences like Five Stars 2024 gives you an opportunity to network with industry leaders, gain insights into industry trends and, at times, find answers you were looking for.

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