A home for sale in the Ashby Acres community in Phoenix on Sept. 6, 2023. (Photo by Kevinjonah Paguio/Cronkite News)
PHOENIX – High home sales prices and mortgage interest rates are squeezing out first-time home buyers from entering the market, especially as incomes have not kept up, housing experts say.
In 2020, the housing market was in a frenzy. High numbers of homes were selling, agents’ inventories were low and offers were frequently being made over list prices, said Jason Giarrizzo, a realtor with West USA Realty, who has been in the industry for 31 years.
Coming out of 2020, during the COVID-19 pandemic, the market continued to surge as people began buying real estate, Giarrizzo said. “We weren’t sure where the market was going to go, (if) it (was) going to plummet because of you know, the shutdown and everything, but it was quite the opposite.”
A balanced market in the Phoenix metropolitan area would have inventory levels of about 30,000 properties, Giarrizzo said, but by the end of 2021 inventory began to shrink to about 4,400 properties in the area.
Then, home prices hit a high and interest rates began to climb as the Federal Reserve started raising rates in an attempt to head off inflation. “In all my years of real estate, I don’t think I saw the inventory spike to the level that it did in such a short period of time. We went from 4,400 properties just coming into spring to almost 20,000 properties for sale by summer,” Giarrizzo said.
The downtown Phoenix skyline overlooks homes in the Willo Historic District in Phoenix on Sept. 6, 2023. (Photo by Kevinjonah Paguio/Cronkite News)
Now, the inventory is at about 13,000, which is still half of what a balanced inventory is for the Phoenix metropolitan area, Giarrizzo said.
As mortgage loan interest rates have risen, that frenzy has subsided, especially for the first-time buyers market, Giarrizzo said.
Mortgage loan interest rates vary widely based on factors such as the individual market, credit score of the buyer, price of the home, down payment, rate type, loan term and type.
The current average rate for a conventional 30-year fixed mortgage is at or below 8.063% for a $430,000 home in Arizona for a buyer with a credit score of 700-719 who puts 10% down, according to the Consumer Financial Protection Bureau.
Chris Giarrizzo, a mortgage loan officer at Lennar Mortgage, who has been in the industry for over 23 years and is married to Jason Giarrizzo, said many hourly workers are struggling to afford housing, whether it’s a home purchase, or even rent.
The median home sale price in the Phoenix metropolitan area in September 2023 was $435,700, according to Redfin, a real estate firm that tracks prices and trends.
“I actually wouldn’t say necessarily it’s a bad time to buy a home, it’s just a challenging time to buy a home,” Chris Giarrizzo said.
Although mortgage loan rates have been this high before, high sales prices are providing little relief to buyers, she said, and there’s no relief anticipated until possibly sometime next year.
The last time 30-year fixed mortgage loan rates reached 8% was in 2000.
It was a combination of people who moved to the state and people who had more disposable income following the pandemic shutdown that drove the market takeoff in the Phoenix metropolitan area in 2020, Chris Giarrizzo said.
“We weren’t out shopping and weren’t traveling, and so I’ll be honest, not only in my industry, but in several industries, people had said that they had never been as busy. … We were all working a lot of hours,” Chris Giarrizzo said.
A “perfect storm” of high demand, low interest rates and not enough inventory drove home values up, creating the frenzy of people paying over list price because there was so much competition, she said.
First-time homebuyers in the market
“You’ve got a lot of people that are just sitting on the sidelines right now, eager to jump in and buy their first home,” Chris Giarrizzo said.
Many people locked in low interest rates years ago, so even if it makes sense to move or downsize, they don’t, because they’ll be looking at interest rates of over 7%, Jason Giarrizzo said.
A February Realtor.com survey found that 82% of homeowners with existing low-rate mortgages feel “locked in.”
“Even though the frenzy is over, I don’t see a plummet in home values,” Jason Giarrizzo said. “We’re not going to see big spikes in inventory, I think, due to those people that have locked in on those low rates.”
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Interest rates will eventually fall, but when and by how much is hard to predict, Chris Giarrizzo said, noting rates under 3% were largely pandemic-driven and will probably not be seen again.
In August 2021, the 30-year mortgage rate hovered around 2.8%, according to data from the Arizona Regional Multiple Listing Service.
“If we can get rates back into the fours or fives (percent), I think we’ll see a start to return to a more balanced market,” Chris Giarrizzo said.
In northern Arizona, where Jason Giarrizzo also sells real estate, the properties are being sold more quickly and at much higher prices, although there is still low inventory. “I’ve been working more in that $1 million to $2.5 million range, and actually I’m seeing a lot of those deals go in cash,” he said.
But in Payson, and other nonluxury home markets in northern Arizona, the same housing squeeze is being felt, where the housing is largely unaffordable due to the combination of rates and list prices, Chris Giarrizzo said.
J Cruz, a 46-year-old Phoenix park ranger, started his home search two months ago and does not see a light at the end of the tunnel.
“Trying to find a good deal – that’s been very hard and challenging,” Cruz said. “Monthly mortgage payments are way too high for what I want, and it’s not feasible to pay that every month.”
He fixed his credit score, saved for a down payment and recently started the process of getting a home loan.
But mortgage interest rates are one of the things holding Cruz back. “I don’t want to get into a home that I can afford for a few months and not be able to afford two years from now,” he said.
Cruz is in search of a three-bedroom home in Phoenix, Peoria or Glendale, and even though he is a full-time city employee and has good benefits, he and many of his co-workers have part-time jobs to make ends meet.
“Even though we have a full-time job with the city, you know, in today’s economy it is still a little bit hard,” Cruz said.
New-build financing at interest rates lower than market rate is probably the best route for a lot of first-time buyers, especially if they are struggling to qualify, Chris Giarrizzo said.
Federal Housing Administration loans are available for first-time homebuyers, with down-payment options as low as 3.5%.
Zillow Home Loans is offering a 1% down payment incentive to buyers in Arizona to reduce the amount of time that it takes for eligible buyers to save.
The program is intended for buyers who have kept up with high monthly rent payments but have not been able to save for a down payment.
“I would just advise borrowers that the less down you’re putting, the higher your (monthly) payments are going to be,” Chris Giarrizzo said.
Find lovely beaches, lush parks and peaceful neighborhoods in Cape Coral.
Is Cape Coral a good place to live? This question has crossed the minds of many prospective residents eyeing the sunny shores of Southwest Florida.
Cape Coral, located near Fort Myers, has a reputation for its lovely beaches, lush parks, and peaceful neighborhoods. In this comprehensive exploration, we dive into the various facets of living in Cape Coral to provide a well-rounded view of what life here truly entails.
Geographical beauty and outdoor fun
Cape Coral is dubbed as the “Waterfront Wonderland” owing to its over 400 miles of navigable waterways. The city’s geographical location by the Caloosahatchee River and Gulf Coast provides numerous avenues for waterfront living.
Residents revel in the close proximity to exotic beaches like Fort Myers Beach and Pine Island. The presence of several parks and natural preserves enhances the appeal for individuals who cherish the great outdoors.
Recreational activities
The city is a hub for a variety of outdoor activities including fishing, boating and hiking. The warm sunny weather, which graces the city year-round, creates a perfect atmosphere for residents to lead an active lifestyle.
The local flora and fauna add to Cape Coral’s charm. The city is known for its burrowing owls, which are not only a sight to behold but also reflect the area’s biodiversity.
Affordability
One of the prominent attractions of living in Cape Coral is its affordability. The city has a cost of living that’s below the national average, making it an enticing location for individuals on a budget.
Real estate
The real estate market in Cape Coral is relatively stable with a variety of housing options ranging from waterfront properties to suburban homes. Home prices are reasonable, providing new residents with a chance to own property in a beautiful city without breaking the bank.
Tax benefits
Florida is known for its friendly tax policies as there is no state income tax, which bodes well for both young adults and senior citizens looking to save on taxes. The lower cost of living extends to utility prices which are also below the national average.
Crime rate and safety
Cape Coral boasts a lower crime rate compared to larger cities in Florida. The lower rates of violent crime and property crime make it a safe community for families and individuals alike.
Economic growth and employment
Cape Coral is experiencing significant growth with a burgeoning economy. The influx of new residents and businesses has led to a robust real estate market and a growing city infrastructure.
The proximity to nearby Fort Myers expands employment opportunities for Cape Coral residents, who can commute for work and still enjoy the peace and tranquility that Cape Coral offers.
Education
Public schools in Cape Coral are part of the Lee County School District, which has a reputation for quality education. Additionally, there are several reputable private schools providing residents with a variety of educational options for their children.
Cultural richness and demographic diversity
Cape Coral hosts various cultural events year-round, providing residents with opportunities to immerse themselves in local and international cultures. The vibrancy of the local arts scene is a testament to the city’s cultural richness.
The city is home to a mix of young adults, families and senior citizens, creating a diverse community. This demographic mix enriches the life in the city and fosters a sense of community among residents.
Cons of Cape Coral life
While there are many benefits to living in Cape Coral, there are drawbacks too. Some residents might find the city to be too quiet, especially when compared to the bustling activity in nearby cities like Miami. The summer months can get exceedingly hot and humid, which might not suit everyone.
Also, the influx of seasonal residents during winter can lead to crowded streets and longer wait times at local establishments.
Living in Cape Coral comes with the reality of facing the hurricane season. The city’s location on the Gulf Coast exposes it to the risk of hurricanes and storm surges, with Hurricane Ian being a notable mention.
Living in Cape Coral
Cape Coral, with its beautiful beaches, affordable living and growing economy, certainly has a lot on offer for prospective residents. While the city has its share of challenges like facing the hurricane season and experiencing seasonal population fluctuations, the positives of living in Cape Coral, FL far outweigh the negatives for the most part.
The city is indeed a great place for individuals and families seeking a serene environment, lower cost of living and a community-centric lifestyle amidst the beauty of Southwest Florida.
Ready to find your Cape Coral rental paradise? Look at apartments for rent here.
“Who closes the door when the bus driver gets off? The world is full of questions. “Why have all the predictions of lower rates been wrong?” Yesterday I was in the SF Bay Area giving a speech to a group of LOs and management and was asked, “Rob, are you hearing that lenders are requesting clients pay for the credit report(s) up front?” Absolutely I am. Lenders have grown weary of paying for the credit reports of loans that don’t fund and heaping those rising costs on the loans that do. “Rob, are mergers and acquisitions going to pick up?” Yes. We had one recent depository bank deal (Mississippi’s Guaranty Capital Corporation will acquire Lafayette Bancorp, Inc.), but we can expect continued deals in an 8 percent mortgage rate world as lenders and vendors, big and small, re-evaluate either their position in the market or even if they want to continue to exist. (Today’s podcast can be found here: Sponsored by nCino, maker of the nCino Mortgage Suite, built for the modern mortgage lender. The nCino Mortgage Suite unites the people, systems, and stages of the mortgage process. Hear an interview with nCino’s Ben Miller on the rapidly evolving digital mortgage suite of products.)
Lender and Broker Software, Products, and Services
Truv saves Lenders 60-80% over The Work Number. That’s the savings of multiple full-time employees. For example, Compass Mortgage saved roughly 60 percent in verification costs and maintained their same conversion rate. “Truv has given us the ability to lower costs, all while speeding up the verification process and providing better employment data” said Justin Venhousen, COO, Compass Mortgage. Stop wasting money. Contact TRUV today to discuss how we can help you with your income, employment, insurance, and asset verifications.
“In this market, hustle is everything. You can’t afford to waste a single deal, or a single minute. That’s why ReadyPrice has launched its innovative new Shop, Lock & Deliver loan exchange platform, designed to help independent mortgage brokers and their lenders save time and money. Now you can shop competitive loan offerings from multiple lenders, get rate lock guarantees in real time, receive underwriting findings, and deliver the borrower’s complete loan file to lenders—all on a single platform, at no cost to brokers. It’s already helping brokers around the country thrive and compete in the toughest market. Multiple lenders. One platform. Zero b.s. Come check us out today.”
Sierra Pacific Wholesale has completed the first phase of its pricing integration on the ARIVE platform! Sierra Pacific-approved Brokers and Non-Del Correspondent lenders can access their pricing seamlessly through ARIVE. “ARIVE truly is the best solution for third-party originators looking to save time and money in order to maximize their success,” says Rob Saunders, SVP, Western TPO Sales. This strategic partnership emerges at a pivotal time, as the Wholesale Channel continues to experience unparalleled growth. “We look forward to working with the broker community to help you scale your business and reach your peak performance,” shared Cindy Ferrentino, SVP – Eastern TPO Sales. To learn more about this exciting new partnership, read the full press release. Third-party originators interested in learning more about Sierra Pacific’s full-service experience can connect with an Account Executive here.
Get the income and employment records you need with the new Mortgage Flex™ View from The Work Number®. Inaccurate or incomplete applicant employment and pay information continues to be a challenge in the loan process. Automating the income and employment verification process with The Work Number can help reduce potential errors associated with hand-keying or relying on consumer-provided information. With 631M employment records, The Work Number can help lenders get a holistic view of an applicant, but there may be times that lenders are looking for one specific employment record. Introducing Mortgage Flex View – a new addition to The Work Number suite of solutions, which enables lenders to order just the verifications of income and employment that they need. Lenders can instantly purchase a preview of available employers prior to selecting and purchasing the full verification. Learn more about the new flexible solution from The Work Number: Mortgage Flex View.
With one of four homes being sold to real estate investors, it’s clear there’s an enormous opportunity to work with these borrowers. That’s why on the next National Mortgage Professional Webinar, Navigating Experienced Real Estate Investor Needs, they show you how to step up your game with these serial borrowers. While homeowners in normal market conditions will get a mortgage every five to seven years, many individual real estate investors are purchasing and refinancing properties several times a year. On this webinar Sam Bjelac, VP of TPO at LendingOne will discuss, types of real estate investors and their financing needs, learning how to understand property cashflow, understanding and optimizing the BRRRR strategy plus a few strategies you can easily implement to find real estate investors. Join NMP and Sam on Thursday, November 2, at 2PM ET / 11:00 am PT by registering here.
“Newrez Correspondent says, ‘THANK YOU PHILADEPHIA!’ What a great MBA Conference in the City of Brotherly Love. We want to thank the over 100 customers along with several industry partners that we were able to have serious discussions with around products, pricing, and what it will take to navigate this market over the next six months. If you aren’t a current customer, you need a Trusted Advisor during these challenging times, which is why Newrez Correspondent is the right investor for you. The time to align with us is now, so click here to join our team. We hope you enjoyed the conference, look forward to our continued partnerships heading into 2024 and to meeting you next May in NYC at the MBA Secondary.”
Capital Markets
Ginnie Mae’s mortgage-backed securities (MBS) portfolio outstanding grew to $2.477 trillion in September, including $36.6 billion of total MBS issuance, leading to $19 billion of net growth. Issuance for this month was less than $38.1 billion in August and $38.0 billion in July. For the 2023 calendar year to date, Ginnie Mae supported the pooling and securitization of more than 466,000 first-time homebuyer loans. For full story, read October 5 Ginnie Mae press release.
As I wrote yesterday, we received a lot of housing data this week. Existing home sales during September showed that the housing market continues to cool due to the recent run-up in borrowing costs. Sales declined 2.0 percent to a 3.96-million-unit pace during the month. That marks the fourth straight monthly drop and the slowest pace of resales since 2010. Sales are down 15.4 percent from one year ago.
Fed Chairman Powell delivered remarks at a luncheon hosted by the Economic Club of New York yesterday, saying that progress toward the Fed’s dual mandate has been made but that resilient economic growth raises the prospect of renewed inflationary pressures that could warrant additional rate hikes. He repeated that the Committee will depend on data in guiding policy decisions. The fed funds futures market has seen a downward shift in rate expectations with the implied likelihood of a January hike falling to 37 percent from 48 percent on Wednesday.
There is no market-moving scheduled news today. Two Fed speakers are also scheduled, Philadelphia’s Harker and Cleveland’s Mester, who are expected to continue the narrative that we’ve been hearing from Fed Presidents for months. Around the close, markets will receive the September Treasury Budget. We begin Friday with Agency MBS prices better .125-.250 and the 10-year yielding 4.94 after closing yesterday at 4.99 percent; the 2-year is at 5.14.
Employment
DocProbe, a leading post-closing service provider for mortgage lenders, is seeking a dynamic and tech-savvy sales representative with deep expertise in the mortgage industry. The ideal candidate will have a proven track record of building and maintaining strong relationships with top mortgage lenders and a deep understanding of the mortgage process from origination to post-closing. If you have a successful track record of selling to mortgage lenders and a passion for innovative technology solutions, we encourage you to apply. Don’t miss the opportunity to join a rapidly growing and innovative company. Confidentially apply today to become a part of the DocProbe team!
“Evergreen Home Loans is set to return as the title sponsor for the 26th annual KZOK “Rock the Harvest” event, benefiting Northwest Harvest. This 12-hour radiothon and online auction aim to support those experiencing food insecurity in Washington. With over $1.4 million raised since its inception, it highlights the ongoing struggle of 1 in 10 Washingtonians and 1 in 6 children in the region. The Evergreen Cares Foundation encourages and supports our associate’s compassion for giving while improving lives through wellness and housing programs. If you are looking to partner with a company emphasizing community involvement, visit our careers page to explore the newest opportunities at Evergreen.”
AmCap Home Loans has made a significant stride in bolstering its leadership team by appointing Caleb Mittelstet as SVP of Sales. Mike Johnson, President of AmCap Home Loans, expressed enthusiasm for this pivotal addition, stating, “We’re thrilled to welcome Caleb Mittelstet as an integral member of our team. His wealth of experience along with his industry contacts will undoubtedly propel our sales team to another level. With Caleb on board, we see immense potential to expand our market share and further solidify our position as an industry leader.” Caleb cited the company’s culture and people as driving factors. He emphasized, “AmCap’s inclusive culture and the accessibility to colleagues with decades of experience are unparalleled. You can pick up the phone and call any department, and that’s a testament to the collaborative spirit here.” Mittelstet’s appointment signifies a promising chapter for AmCap Home Loans as they continue to thrive and innovate. Click here to see why Caleb Mittelstet chose Amcap and so should you!
“Independent Mortgage Banker owners: If you are uncertain how you will survive this winter if rates remain higher, please contact us directly to discuss a win-win opportunity. We are a very well-established and privately owned mortgage banking company that has been in business for 30 years, a direct seller with Fannie and Freddie, issue our own government securities, and service the majority of our closed loans. We offer a full marketing team, social media team, and a media/video production team to provide best in class support to our loan officers and referral partners. Our history and culture are exceptionally important so let’s have a conversation to see if we may be a fit. We are large enough to offer exceptionally sharp pricing, products, a dedicated marketing team, and an exceptional operational team, yet, we have a boutique feel where you may talk to the owner of the company at any time. Partner with a company where your voice and input is valued! We have a successful history of incorporating other companies into our model. For a confidential conversation please contact Anjelica Nixt and specify this opportunity.”
Attention Loan Officers: Take your career to the next level with best-in-class Operations, Underwriting, Support and more. Find out how at the next virtual Fairway Day on Wednesday, October 25 at 3pm ET. Join Steve Jacobson, Founder & CEO and David “Laz” Lazowski, President, Retail Sales East and others from the Executive Team and the Street. Here is the registration link and participation is 100% anonymous.
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Summerville, a picturesque town nestled in the heart of South Carolina, encapsulates a unique blend of southern charm, historic significance and modern convenience.
The overarching question — is Summerville, SC, a good place to live? — becomes easier to answer as one delves into the fabric of this quaint yet burgeoning locale. The aim of this article is to provide a well-rounded view of living in Summerville, the cost of living, employment opportunities and the social and cultural fabric that awaits newcomers and longtime residents alike.
Location, location, location
Summerville’s geographical positioning allows its residents to experience a plethora of sceneries and activities. Charleston Harbor is a mere 24 miles away, offering access to an expansive maritime vista, while a short drive to Folly Beach or Sullivan’s Island opens up a gateway to sun, sand and surf.
Demographic diversity in Summerville
The racial makeup of Summerville, SC, presents a mosaic of cultures, predominantly comprising white, Black, Latine and Asian communities, thus fostering a rich cultural blend. The inclusion of different ethnicities is a part of Summerville’s charm, allowing for a vibrant, multicultural community.
Historic significance
History aficionados would be drawn to Summerville’s rich history, with the town playing host to numerous historically significant sites. The Drayton Hall, Magnolia Plantation and the Aiken Rhett House Museum offer glimpses into the antebellum era and Civil War history.
Weather and natural disasters
While Summerville, SC, does experience hurricanes, the town has a solid infrastructure in place to manage and mitigate the effects of such natural disasters. Its inland location serves as a natural barrier, providing a level of protection against the harshest weather conditions.
Education and employment in Summerville, SC
Charleston Southern University, located a short drive away, is one of many educational institutions offering quality education to Summerville residents. The town also boasts a growing job market with varied employment opportunities, ensuring a stable economic outlook.
Recreational activities
The abundance of walking trails like the Oakbrook Nature Trail, and waterways such as Ashley River, provide ample recreational opportunities. The nearby Jessen Public Boat Landing is a favorite among boating enthusiasts.
Cost of living in Summerville
The cost of living in Summerville, SC, is generally lower than the national average, which is a significant draw for many. Housing, represented by a mix of historic homes, new construction, and Summerville homes in serene neighborhoods, is relatively affordable with the median home price being attractive to both young families and retirees.
Summerville’s real estate market
The real estate market in Summerville, SC is thriving, thanks to a boom in population growth and the subsequent demand for housing. Real estate agents are seeing an upward trend in property values, yet the cost of owning or renting a home remains affordable compared to many other regions in the South.
Culinary scene in Summerville, SC
The culinary palette in Summerville is as diverse as its populace. From smoked chicken to pork belly, ribeye steaks to fried green tomatoes, the food scene is a blend of traditional southern and modern cuisines. Restaurants and food trucks alike offer a wide range of food options, catering to different tastes.
Social aspects
Southern hospitality is alive and well in Summerville. The small town feel, coupled with the friendliness of Summerville residents, creates a welcoming environment. Community events like the Flowertown Festival are a testament to the town’s social cohesion, bringing together people from all walks of life.
Summerville’s growth trend
Summerville’s growth trend is a positive indicator of its viability as a place to live. The influx of more people, bolstered by opening doors of opportunity, is transforming the town while retaining its historic charm.
Conclusion
The blend of affordable living, a robust real estate market, promising job opportunities and a welcoming community makes Summerville, SC a great place to live. Its proximity to beaches, historic downtown Charleston and numerous tourist attractions, like the Folly Beach County Park, add to the allure.
Individuals and families considering moving to Summerville will find a balanced mix of historical essence, modern amenities, and a promising future. If you’re ready to make your move, take a look at our Summerville, SC, apartments for rent.
Inside: Do you want to make money online fast? If so, we’ll discuss the best digital products to sell on Etsy. By following these steps, you’ll be on your way to making money selling digital items quite easily.
Do you want to learn how to sell digital products on Etsy and make money through it?
Selling digital products offers an exciting avenue for generating passive income. With their low production and distribution costs, high profit margin, and potential for scalability, they stand as a lucrative business model for many entrepreneurs.
Moreover, once a digital product is created, it can continuously bring in revenue without the need for additional production costs, making it an appealing source of passive income.
The key to being a successful Etsy seller is to understand your chosen niche and what your audience wants.
We will dive into digital products you could sell on Etsy which range from arts & crafts to business materials.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
What are Digital Products?
Digital products are items that are accessed and delivered electronically, examples of which include software, ebooks, online courses, digital music, video, and audio files.
These intuitive products offer the versatile benefit of being easily reproduced and instantly accessible on various devices, without the requirement of physical storage or shipping. Plus the world is moving towards becoming digital anyway.
In creating digital products, businesses aim to capitalize on customer appeal and convenient delivery, which often complement their physical goods or services.
Why Sell Digital Products on Etsy?
Selling digital products on Etsy offers an incredible opportunity to showcase and monetize your unique creations. With Etsy’s vast online marketplace and its millions of potential customers, it has become a preferred platform for artists, designers, and content creators.
Furthermore, it provides the flexibility to set your prices in accordance with the value you offer and experiment with different pricing strategies.
This is a hassle-free way to monetize your creativity. Here’s why:
You craft it once, it sells eternally: Digital products offer the ultimate advantage of a “create once, sell forever” model. Imagine sipping a cup of tea while your creation secures sales one after another.
Resource-friendly: Bid adieu to the restrictions of shipping, storage, or material costs. Instead, welcome the comfort of financial freedom and resource efficiency.
Everlasting stock: Digital products on Etsy never run out! Say goodbye to inventory issues and overselling, which makes it a smart choice for long-term business.
So, start now by creating an account, picking your digital product, setting up shop, and starting selling on Etsy. With no heavy fees and no botheration of shipping.
Just pure creative power leads to sheer earning happiness.
What digital products sell the most on Etsy?
Well, our data shows that digital prints, planners, stickers, fonts, and children’s educational materials are some of the best-selling categories netting serious cash on this creative marketplace. This information came from Cody and Julie – the founders of the e-Printables course.
Typically, seasonal content always does well on any platform. Same with current trends like the “Barbie” craze.
These products are a creative enthusiast’s goldmine owing to their limitless customization capabilities, instant delivery, and cost-effectiveness.
Wherein, most busy professionals, students, parents, and small business owners find them irresistible due to their convenience and adaptability to suit specific needs and tastes.
To learn more about selling on Etsy, I highly recommend connecting with Cody and Julie in their free webinar.
What digital download sells best on Etsy?
Among the myriad of digital products available,digital prints notably rank as one of the best-selling downloads on Etsy, closely followed by other popular items such as:
digital planners
logo designs
travel guides
business card designs
Lightroom presets
printable invitations.
A beautiful synergy of convenience, utility, and aesthetics, that can be printed at home or in a local print shop, whenever you wish. Perfect for last-minute gifters, DIY décor enthusiasts, or anyone looking for hassle-free beautification!
So, staying in the game, consistently monitoring market trends, and adapting accordingly is the key to successfully selling your digital prints on Etsy.
Best Digital Products to Sell on Etsy
The best digital products to sell on Etsy depend upon various factors, such as your skills, customer interests, and specific market trends.
It is also important to keep an eye on high-sales products, check positive reviews, track favorites, and note recurring themes to understand what customers are looking for and to guide your digital product offerings. This is a quick way to make 300 dollars fast.
Here are the examples of some of the best digital products you might want to sell on Etsy:
1. Printable or Digital Planners
You’ve hit the jackpot if you’re contemplating selling printable or digital planners on Etsy. Some people might say digital or printable planners are seasonal but due to the high demand and flexibility, it could be the golden goose for your marketing on Etsy.
Buyers love and enjoy the tailored usability offered by printable planners, which they can customize to their requirements and physically pen in their plans.
You can supply this demand by offering a large variety and aesthetically pleasing designs.
Tip: Try bundling in different types of stickers for a snappier offer.
2. Craft Patterns
Craft patterns are a top-ranking digital product on Etsy, thanks to a revival of all things crafty!
From knitting and crocheting to sewing and embroidery, these digital masterpieces cater to the abundant trend-setters and hobbyists who frequent Etsy.
To truly get your digital craft patterns thriving on Etsy, remember to follow the trail blazed by successful pattern sellers like these Etsy sellers. These crafts start from an average selling price of $10, making them a lucrative venture for creatives.
Lastly, don’t forget to unleash SEO magic – get your product seen by the right people especially when creating a sewing pattern or crochet pattern. This can be your missing element for transforming hard work into hard sales!
3. Children learning materials
Looking for a profitable side gig? Selling children’s learning materials on Etsy is wildly popular and well-needed especially for those homeschooling.
Parents and teachers are snapping up digital educational resources. By marketing printable lesson plans, colorful flashcards, and engaging worksheets, parent is hyped to supplement their children’s education.
This is a great summer job for teachers because your educational resources might just be the next best-seller on Etsy.
Crack open those lesson plans, as your Etsy store awaits.
4. Wallpapers
On Etsy, phone wallpapers are the new moneymaker. Provide colorful ways for customers to personalize their devices, these digital beauties are a hot ticket item.
To catch the widest net, cater to both phone and desktop users. You must keep up with trends. Also, creating wallpapers for Apple watches and other high-tech gadgets or themed designs for holidays is always a hit.
It’s a simple concept: stylish wallpapers have an average selling price of around $3-4.
5. Calendars
Venture to sell digital business calendars guarantees a steady demand, as planning isn’t just a phase – it’s woven into the fabric of daily life. To get started, unlock your artistic prowess with any digital art program like Adobe Photoshop or Canva.
Begin creating your unique touch on calendars, ensuring they’re editable pre-print- a clear selling point. Remember, quality trumps all – prioritize visually appealing designs with user-friendly formats.
Time to turn dates into dollars. Listing calendars in your Etsy shop certainly won’t go out of style or demand. Also, aim for the $5 – $10 price range to hit the sweet spot of affordability and profitability.
6. Invitations
Invitations are among the top-selling digital items on Etsy.
Customizable templates for various occasions like weddings, parties, baby showers, and more are particularly popular. It’s perfect for creative individuals skilled in design who are looking to turn a profit on their talents.
These digital products can provide a meaningful revenue stream. Some creators can charge up to $20 per customized item.
The bottom line is that selling digital invitation templates on Etsy doesn’t just allow for creativity, but it’s also a lucrative business opportunity.
7. Business cards
Catering to the surge of remote entrepreneurs and the timeless need for personal cards, this trend is something to tap into.
You can offer editable, customized, or even smart cards – with features like one-click phone calls or emails – which can give your shop an edge.
Through Canva or Wepik, you can design exotic templates, offering customers the control to personalize before printing. Turn on your creative juices, let your brand shine, and step up your entrepreneurial ladder with a business card template.
8. Wedding Invitations and Printables
To be honest, I actually created my best friend’s wedding invitations. Maybe, I should have stuck with the side gig to make 500 dollars fast?!?
Wedding printables are now the ‘go-to’ digital products. This isn’t just about a cute ‘Save the Date’; offers a hassle-free, all-in-one wedding stationery solution, ready to match every wedding theme under the twinkling lights.
Help the DIY couples by providing a bundle: wedding program, customized hashtag sign, table place cards, save-the-date cards, and even personalized portrait options with a delightful sign thrown in.
You can provide a seamless experience and watch the sales ring along with the wedding bells.
9. Journal Inserts
Are you a fan of journaling or love designing layouts? Well, it’s time you converted your passion into profit. Making journal inserts is one of the smartest digital products you can sell on Etsy.
Audiences vary from educators needing organized lesson and homework schedules or those seeking self-help and discovery questions.
For optimal selling, focus on providing a variety of designs and including white spaces for personal touches.
With an average selling price of $5, they appeal to smart shoppers who prefer to print inserts on cardstock paper.
10. Digital artwork
Digital artwork stands out in popularity due to the unique customization and selection variety it offers.
Customers are drawn to the ability to choose from diverse art forms, including watercolor illustrations, inspirational quotes, and Baltic or Bohemian prints, that perfectly align with their personal aesthetic or represent an emotion they resonate with.
Moreover, the availability of immediate prints post-purchase greatly increases the convenience and appeal of this artwork form.
11. Recipe cards
Do you love cooking and want to create delightful digital recipe cards for your customers? But, don’t stop there, look at creating a meal planner to bundle with!
A printable, editable canvas for food aficionados brimming with delicious details of recipe cards is a great product. These digital delights are perfect for amateur chefs, bakers, and recipe bloggers.
The takeaway is clear. Selling recipe cards on Etsy is as facile as slicing butter, once you’ve got the right ingredients and the perfect recipe. It’s time to turn the heat up on your Etsy store and dish out some delightful recipe cards.
12. Social media templates
Creating social media templates can provide significant value for businesses and influencers seeking to establish a professional and cohesive online presence.
These templates, which can include pre-designed Facebook banners, Instagram stories, Twitter headers, and more, can be customized to fit a variety of themes such as minimalism, boho, or pastel colors.
When well-crafted, such templates can save businesses valuable time and effort while also helping maintain consistent brand imaging across different platforms. This is similar to a business hiring a virtual assistant with no experience.
e-Printables Free ebook
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13. Printable Cake and Party Decorations
Selling printable party decorations as digital products on Etsy is like icing on the proverbial cake for smart entrepreneurs.
You can focus printable party decorations from charming cartoon-themed toppers for kids’ birthday cakes to exquisite, romantic pieces for weddings and anniversaries.
Whether you’re creatively inclined or have an entrepreneurial spirit spotting potential, these printables offer a loophole to financial growth. Bundle your decorations based on themes for enticing offers.
14. Zoom background
Thanks to the surge in remote working and virtual meetings selling incredible Zoom backgrounds on Etsy has emerged as a lucrative product in the digital landscape.
These tailored digital backdrops not only enhance the visual appeal of online interfaces but also cater to users’ needs to maintain privacy or conceal unorganized spaces.
However, you need to understand that creating Zoom backgrounds may not be beginner-friendly due to the required customization. However, do not let this intimidate you.
15. Productivity Trackers
People are constantly in search of practical, user-friendly tools to streamline their lives and make every hour count.
So, these productivity trackers are supremely versatile, covering daily routines, budgeting, goal setting, project management, and even grocery lists. Make your Etsy shop the one-stop shop for everyone’s needs.
As it becomes an increasingly popular choice to shift focus towards maximizing effectiveness in people’s daily lives. Whether it’s maintaining a workout routine, tracking investments, or staying on top of a student’s study schedule, these trackers cater to a wide assortment of needs.
16. Lightroom Presets
Lightroom Presets are essentially preset configurations that enhance a photo’s aesthetics, and folks from influencers to amateur photographers are keen to have them.
For starters, it caters well to the Instagram-obsessed demographic continually seeking to elevate their photo game. This venture is best suited for those who have a knack for photo editing and an understanding of aesthetics.
With an average selling price of $10, the numbers tip favorably in your Lightroom presets.
17. Etsy shop banners
Help out your new Etsy sellers by designing an impressive storefront with their shop banner.
Indulge your Etsy shop banners in various design themes suitable for a wide range of stores. Also, include a shop kit that makes store icons, a large and small banner, custom and reserved listing templates, and a profile picture graphic.
Promote your banner designing prowess to other sellers, so that you increase your brand awareness along Etsy.
When you have an awesome shop yourself, you are more likely to get sales!
18. Logos & branding kits
Move over, clip art! Logos and branding kits are in high demand as they fulfill the crucial need of every business that is striving for a unique identity.
Bundle your logos and branding kits or offer them individually to maximize your reach. Also, combining them with other digital products like media kit templates elevates your shop’s appeal.
This caters to diverse clients from Etsy sellers to businesses, influencers, and bloggers. Selling in this segment, you’ll never run short of market demand. Get ready to impress with your graphic skills, and ride the wave of this profitable venture on Etsy.
19. Thank you cards
This is a timeless product that is regularly used by businesses and individuals to express their gratitude.
Offering these thank you cards in digital, customizable formats can attract more buyers due to ease of customization and competitive pricing relative to store-bought alternatives.
You can also sell the same design on physical cards if you want for another revenue stream.
20. Fonts
In the world of businesses, creators, and crafters galore are on a relentless hunt for the perfect font that suits their needs. Where versatility is a font’s middle name – they can jazz up a brand’s website or add pizzazz to a party invitation.
Cricut fonts, in particular, are best-sellers. It is specially crafted for Cricut machines – a hit in the Etsy community of designers and makers.
Remember, the devil is in the (font) detail. Jump into the journey of digital font selling on Etsy and watch your typography turn into a treasure in no time.
21. Resume templates
Resume templates are handy, well-designed digital products are reportedly perfect for professionals keen on making their job applications stand out. It is mostly designed to suit particular sectors such as real estate or marketing.
After all, a well-structured resume could be the golden ticket to someone’s dream job – like one of these low stress jobs that pay well without a degree.
However, in my personal experience, the most successful templates are clean, professional, and neutral in color.
22. Invoice templates
You might think that cashing in invoice templates may seem odd, but these digital products offer ample sales potential on Etsy!
Their charm lies in their simplicity and frequently used nature by a wide range of businesses. Small business owners, short on time and design skills, frequently scout Etsy for professionally designed, eye-catching invoices – duly making it your prime market.
Transform invoice templates into a goldmine, with less likelihood of running into steep competition. With an average selling price of $10, you can surely earn money online quickly.
23. Website templates & themes
Are your web design skills a cut above the rest?
Leveraging your skills to create and sell website templates and themes on Etsy, and turn your talent into a tidy profit. This digital product must be customization-friendly with a range of applications, and cater to a broad audience—from small businesses to in-demand bloggers, giving them a sleek, professional online presence minus the design headache.
Begin by focusing on creating templates on popular website-building platforms like WordPress with a Kadence WP Theme. Make sure they serve a specific market, like photography websites or eCommerce stores, and ensure your products have unique, eye-catching designs that set them apart from the sea of competitors.
Remember, if your themes and templates are more unique and tailored. You can command, sometimes get a range of your product to $50.
24. Stickers
Stickers, both physical and digital stickers, are hot commodities on Etsy, cozily nestled among the platform’s top-selling items.
It also appeals to a large market spectrum, from social media users who love accentuating their chats with digital stickers, to fans of physical stickers decorating their belongings.
Remember, one major selling point is the editability of digital stickers, enabling customers to customize after purchase. Dial your creativity, pick a distinct theme, and roll out your sticker sets on Etsy – there’s a world waiting to stick onto your designs!
25. Bookmarks
Feeling bookish? Get your create-on and cash in on the thriving trend of selling digital bookmarks on Etsy.
Digital bookmarks, at a modest cost of $2 – $3 a pop, are gaining popularity as one of the easiest and fastest-selling digital products, thanks to their charm, practicality, and customized appeal.
Create an aesthetic touch on your reading escapades by hitting the serious tribe of bookworms. To amp up your sales and earn money quickly, don’t forget to add “personalization” options to your bookmarks.
26. Editable flyers
As demands surge, these feature-rich editable flyers become ideal for crafty entrepreneurs aiming to make a profit.
Most of your clients will be large markets comprising event organizers, business owners, and individuals who find convenience in ready-made editable materials.
Success in selling editable flyers on Etsy lies in understanding your target clientele’s needs, creating versatile and appealing designs, and offering top-notch quality. Kickstart your venture by preparing a wide range of attractive editable flyers.
27. Menu templates
Fresh out of the oven, menu templates are popular with restaurant owners to party planners who crave these editable, print-ready goodies.
These menu templates are flexible and can be tailored for cafes, restaurants, weddings, and even small business events. Therefore, begin by creating captivating designs–uniqueness sells and is editable for everyone who wants to customize it.
So preheat your digital oven – it’s time to serve up some mouth-watering menu templates on Etsy.
28. Gift tags
Digital gift tags on Etsy could light up your entrepreneurial path. With an average selling price of $5, these little printables have a big demand, particularly for special occasions like weddings and birthdays.
Ideal for individuals and businesses, this product can fit a myriad of needs from Christmas presents to children’s party favors. If you want to maximize your profits, focus on offering a wide range of designs that target different occasions and tastes.
Don’t forget to consider making a customization service that gives your customers a chance to tweak and add their personal touches.
29. Ebook Templates
Ebook templates have emerged as one of the most popular digital products on Etsy.
Beyond individual ebooks, sellers also offer a variety of creatively designed ebook templates, ebook covers, and materials for children’s books. With a target audience interested in arts and crafts, informative ebooks offer exceptional sales potential, especially those that provide professional knowledge in specific niches like graphic design or online money-making tips.
e-Printables Free ebook
Curious about selling printables on Etsy but don’t know where to start?
Get the secret list of best-selling products by month and learn you how to capitalize on seasonal trends to make sales.
Download Now
30. Fitness Trackers
Fitness trackers‘ popularity is booming as they cater to a wide array of tracking necessities beyond just gym visits or step counting.
This product helps monitor weight loss programs, home workout plans, and 30-day challenges, effectively, becoming a one-stop-shop for holistic wellness.
They are ideal for those aiming to enhance their fitness, sleep quality, and overall productivity. With an average selling price of $5, they offer an affordable solution to digital tracking needs.
31. Debt Payoff Trackers
Debt payoff trackers are fundamental tools for efficient financial management and debt reduction. They provide a concrete visual of one’s financial obligations and illustrate the progress made toward extinguishing each debt.
This encourages a consistent habit of payment and propels individuals towards financial freedom. However, cost should not be a barrier to good financial habits, which is why our website offers a wide range of high-quality debt payoff trackers completely free of charge.
While these are still popular on Etsy, you have to realize many people want free or extremely cheap.
32. SVG Files for Cutting Machines
Scalable Vector Graphic (SVG) files for cutting machines like Circut or Silhouette, are a crafter’s dream, making them a top-tier product to sell.
You can elevate your service by including a PDF tutorial or short video guide demonstrating the use of your product.
Ensure the functionality of your products by carrying out tests prior to listing.
33. Personalized Recipe Books
Being a foodie’s ultimate treasure, these recipe collections are perfect to tickle the taste buds of amateur cooks or pro food bloggers. Plus you can create recipe book templates to be used in Goodnotes or Notability.
Cultivate your online presence to spice up the sales of your digital recipe books.
From personal experience, I bought a digital recipe book because I didn’t want to create one myself.
34. Budget Planners
Budget planners are soaring in popularity, with these nifty tools averaging quite a tidy sum of $5-20 each. Its powerful design is both lucrative for sellers and beneficial for buyers.
In an increasingly digital world, these planners provide a seamless way to stay and stick on top of your finances. From the ordinary individual aspiring to save a penny or two to the business owner meticulously monitoring their profits and expenses. Some budget planner pros, like FRGLMAMA, have made over 60,000 sales!
Here’s a pro tip: Increase your profits by bundling your budget binder with envelopes and to-do lists. Users love the convenience and it saves them a search.
35. Wall Art
Calling all artists and designers with flair! Wall Art reigns supreme on Etsy – proving it’s not just a ‘dabbling’ industry, but a potential goldmine.
Remember, the ‘Home Sweet Home’ and ‘Be Kind’ style arts still hold their charm! Maximizing profits can entail providing add-on services such as printing and shipping.
Wall art downloads make great posters, especially for those who prefer to change up their decor often.
36. Gratitude Journal
Gratitude journals, with their guided prompts and questions, make hot picks for those striving for self-improvement or simply savoring the good in life. This little gem, flourishing in popularity, provides a thoughtful juncture for folks to reflect on the positive aspects of their lives.
This digital product is tailored for therapists, life coaches, stressed corporate followers, or anyone looking to light up their lives with gratitude.
Make sure to use keywords related to gratitude and journaling in your product description to maximize visibility.
37. Self Improvement Printables
People love these printables for their blend of practicality and inspiration by giving actionable tips, uplifting affirmations, useful trackers, and more.
These self-improvement printables are timely digital products that strike a chord with a growing audience keen on personal growth, self-care, and organization.
This product is perfect for those seeking self-help workbooks, motivational quotes, fitness planners, and even kid-friendly educational materials.
Is selling digital products on Etsy still profitable?
According to legions of online entrepreneurs, the answer is a resounding YES!
As the market for digital products keeps on growing, so does the profit potential for digital sellers on Etsy.
The startup costs are delightfully low – most of what you’re paying is merely for your product’s licensing and Etsy fees. After that, it’s all pure profit!
This method could be your ticket to financial freedom. So if you’re a creative at heart with a knack for producing digital gems, it’s high time you join the Etsy bandwagon to sell your valuable creations.
Etsy passive income isn’t just a haven for handcrafted goods – it’s also a hub for downloadable products from design templates to educational materials.
e-Printables Free ebook
Curious about selling printables on Etsy but don’t know where to start?
Get the secret list of best-selling products by month and learn you how to capitalize on seasonal trends to make sales.
Download Now
Now, What Digital Downloads to Sell on Etsy?
By now, you’ve embarked on an enlightening journey around the process of selecting digital products to sell. You have digested tips, explored examples, and refined your knowledge regarding your market, skills, and customer desires to ensure profitability.
So, let’s cut to the chase, find your product that fits the mold, craft an appealing product description, price it competitively yet profitable, and start making waves with your expertise in the digital market.
By coupling this post with the free training offered, you could be the next seller with digital products that are the next hotcake on Etsy! Will you be the next Etsy seller to learn how to make 10k a month?
Take your first step towards this entrepreneurial journey, and soon enough you could be reaping the sweet profits of your digital endeavor.
Now, start your listings and remember to believe what you have to offer is worth buying.
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Are you ready to start selling on Etsy? Great!
Now, learn from the experts, so you are successful from the start. Learn everything else that goes into actually making money with this side hustle.
Spend time making products that have the best chance of selling.
Making printables is FUN, but it’s even more fun when it’s PROFITABLE!
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Cassidy spoke to MPA during the annual FUSE conference staged in Las Vegas by the Association of Independent Mortgage Experts (AIME). The gathering took place Oct. 4-7. It’s not brokers who are leaving amid challenging times Cassidy pointed to a positive aspect inherent to the current challenges of the housing market – what with inflation, … [Read more…]
The U.S. Department of Justice (DOJ) announced this week that it has secured $107 million in judgments and enforcement actions against banks and mortgage lenders to combat the practice of lenders’ avoidance of providing credit services to people living or seeking to live in communities of color because of race, color or national origin, otherwise known as “redlining.”
A part of the $107 million total includes a $9 million settlement with Ameris Bank regarding allegations that it had engaged in redlining in predominantly Black and Hispanic neighborhoods in the Jacksonville, Fla. area, which is currently pending court approval.
“As today’s case makes clear, redlining is not just a relic of the past,” said U.S. Attorney General Merrick Garland. “That is why, two years ago this month, the Justice Department launched our Combating Redlining Initiative, and once today’s settlement is approved, that Initiative will have secured more than $100 million for communities across the country that have been harmed by discriminatory lending practices.”
Garland further detailed the settlement and alleged violations of Ameris in public remarks on Thursday, saying that the DOJ complaint “alleges that the bank located its branches in specific areas of Jacksonville to serve majority-white neighborhoods and to avoid serving Black and Hispanic neighborhoods,” Garland said.
“This included failing to open even a single branch in a majority-Black and Hispanic neighborhood in Jacksonville, despite having opened 18 full-service branches in other parts of Jacksonville,” he explained.
Garland added that the initiative’s work “is just the beginning – the Justice Department currently has over two dozen active investigations into redlining, spanning neighborhoods across the country.”
The DOJ launched its Combating Redlining initiative in October 2021, alongside the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (CFPB). The agencies pledged to “address fair lending concerns on a broader geographic scale than the DOJ has ever before,” Garland said at the time.
The DOJ also detailed that it would draw on its partnership with the CFPB, as well as with financial regulatory agencies, including the OCC.
With the latest settlement included, Garland added that the DOJ has secured a total of 10 settlements since the launch of the initiative two years ago.
“In each of these cases, we reached resolutions that involved lenders making significant financial investments to remedy their alleged discrimination,” Garland said. “In addition to monetary restitution, our redlining settlements also require lenders to adopt meaningful changes to their business practices to promote fair lending.”
For its part, Ameris said that the settlement does not mean that the bank agrees with the allegations levied by the DOJ.
“We strongly disagree with any suggestion that we have engaged in discriminatory conduct and are confident in our efforts to provide equal access to affordable mortgage products in the Jacksonville community and all the markets we serve,” said Palmer Proctor, CEO of Ameris.
Proctor added that Ameris “cooperated fully with the Department’s inquiry and have entered into this settlement to avoid the distraction of litigation and because we share the Department’s goal of expanding access to homeownership in underserved areas.”
Garland ended his public remarks on Thursday by reiterating the DOJ’s position and forward-looking posture.
“Redlining is unlawful; it is harmful; and it is wrong,” he said. “Lending discrimination has no place in our country. The Justice Department will continue to combat the redlining that harms families and neighborhoods for generations. And we will continue to pursue justice on their behalf.”
Within a few months of your lease ending, your landlord or property manager may ask if you would like to renew your lease. If you’re happy with your apartment and want to stay, here’s what you need to do:
Review your lease
First and foremost, you need to know when your lease is up. Take a look at your copy of the apartment lease and note the termination date. Mark this date on your calendar.
Find out when you need to notify your apartment manager of your decision to renew your lease or move out. Do you need to notify them 30 or 60 days in advance? Mark that date on your calendar. If you miss that date, the lease could auto-renew forcing you to keep paying for the apartment.
Talk to the landlord
Before the deadline to renew or terminate your lease, talk to your landlord or apartment community manager about your options. If the rental rate is changing, you should be informed. Don’t be afraid to negotiate on the rent.
If you like your apartment community, but find you need more or less space, inquire whether you can move to a different unit within the community. Make sure that all agreements are put in writing; these terms should be reflected in the new lease.
Make your decision
Once you have all this information gathered, you can make an informed decision about how you want to proceed. Decide whether or not you want to renew your apartment lease.
Write a letter
Once your rental decision is made, submit a letter to your apartment management team informing them of your decision to renew or terminate your lease. If you have made any special arrangements with your apartment manager for a deal on a rental rate or a move to a new unit in the community, include this information and any supporting documents. Keep a copy of these documents for yourself.
Read your new lease carefully
If you have decided to renew your lease, you most likely will be asked to sign a new lease. This lease will reflect any change in terms and designate the period of the new agreement (one or two years, or month to month, for instance.) Read the new lease carefully and make sure that you are comfortable with the language.
Sign the new lease
Once you have thoroughly read the new apartment lease and are comfortable with the terms, sign the document to make things official. An official apartment community representative will sign it, as well.
Related:
Tips for negotiating lower rent
Why apartment prices fluctuate
Kari Lloyd has been a freelance writer for over 15 years. A Chicago native and recent transplant to Atlanta, Kari spent 10 years living in London, UK where she worked as a music journalist and restaurant reviewer.
Michael Hsu, acting director of the Office of the Comptroller of the Currency, said Friday that the forthcoming Community Reinvestment Act final rule to be released Tuesday is designed to increase bank lending and investments in underserved communities.
Bloomberg News
WASHINGTON — Acting Comptroller for the Currency Michael Hsu said Friday that the largest banks will bear the most significant burden of a forthcoming Community Reinvestment Act implementation rule from the Federal Deposit Insurance Corp., Federal Reserve and Comptroller of the Currency designed to expand bank lending and investments to underserved communities.
“It’s a long rule — don’t print it all out at one time, you’re going to run out of ink” Hsu said at the annual conference of the National Bankers Association, which represents minority depository institutions. “But at a high level, there’s got to be more, it has to be better and it’s got to be faster. In very simple terms, that’s it: The amount of CRA investments and lending has to go up.”
Hsu said the long-awaited rule, which the FDIC board and Federal Reserve Board will vote on during an open meeting Tuesday, is designed to be more cognizant of the various challenges facing communities, and by extension permissive of having CRA activities be directed at local communities’ most pressing needs. The rule will also strive to streamline the process of determining whether certain lending activities and investments qualify for CRA credit.
“It has to be better — more targeted,” Hsu said. “Not every locale is equal — one size doesn’t fit all. So it has to be better calibrated to those situations. And it’s got to be faster. We can’t be sitting around and trying to do a lot of different determinations on a bunch of different things. So we try to do that across the board.”
Hsu added that the final rule takes into account the compliance burdens associated with the proposed changes and the limited capacity of smaller banks — including minority depository institutions and community development financial institutions — to meet higher compliance costs.
“We got a lot of comments about this. The biggest burden for the data and changes are really on the largest banks,” Hsu said. “So, for smaller banks we’ve really tailored our expectations. And for MDIs, CDFIs and others, we’ve tried to put the wind at their backs. I can’t go into any details on that, stay tuned, go read it on Tuesday, but we’re very excited for it.”
The Community Reinvestment Act was passed in 1977, and requires banks to extend credit, investments and services to all communities within its service area — not just the most affluent and therefore profitable communities. But the CRA’s definition of service area has traditionally been linked to a bank’s branch network, even as more banking services are performed digitally. Banks and community groups have long agreed that various aspects of the CRA implementation rules are out of date.
Former Comptroller of the Currency Joseph Otting made CRA reform the centerpiece of his tenure during the Trump administration but faced opposition from community advocacy organizations and fellow regulators. The Fed, FDIC and OCC issued a revised CRA implementation rule in May 2022 that initially met with positive feedback from banks and community organizations, though banks have since cooled on the measure.
Speaking separately at the National Bankers Association event Friday, FDIC Chair Martin Gruenberg emphasized that a core aspect of the reform is to decouple CRA activities from communities solely in which banks have physical branches. As outlined in last year’s notice of proposed rulemaking, banks with lending activity above a certain threshold will be required to meet CRA obligations whether they have a physical branch in those communities or not.
“If that lending done in communities where a bank does not have a physical presence is not subject to a CRA evaluation, over time the relevance of CRA to the banking market in the United States — and to ensuring that banks serve all the communities in which they do business — will diminish,” Gruenberg said. “The core thing this rulemaking, as the NPR proposed, will do will be to extend CRA evaluations of banks whether or not [they] have a physical presence in the community.”
Do you want to sell printables online and make extra money? If so, you may be interested in learning about one of the most popular printables courses out there – Gold City Ventures E-Printables course. In this Gold City Ventures Review, I will help you learn everything that you can about this course so that…
Do you want to sell printables online and make extra money? If so, you may be interested in learning about one of the most popular printables courses out there – Gold City Ventures E-Printables course.
In this Gold City Ventures Review, I will help you learn everything that you can about this course so that you can decide if you should take it or not.
Gold City Ventures E-Printables course is one of the best printables courses out there, and it has a lot of positive reviews. But, is it for you? Continue reading to learn more!
Please click here if you want to sign up for the E-Printables course.
Key Takeaways
Selling printables on Etsy can be a great side hustle because you just need to create them once, and you can sell them an unlimited amount of times.
Gold City Ventures E-Printables course will teach you how to create, market, and sell digital files on Etsy for passive income.
This course is for you if you’re looking for a fun and profitable side hustle selling printables online.
You don’t need previous graphic design skills or to be tech-savvy in order to start this side hustle – this course is great for beginners.
You can sell printables on other sites too with what you learn from this course, such as at Teachers Pay Teachers.
There is a free workshop: Earn Money Selling Printables.
The Gold City Ventures course cost is $247.
Do you want to make money selling printables online? This free training will give you great ideas on what you can sell, how to get started, the costs, and how to make sales.
Gold City Ventures E-Printables Course Review
What are e-printables?
E-printables are a type of digital product that you can create and sell online. They are design files that customers can purchase and then print at home or use digitally.
You’ve probably used a printable before and so have many others. The printable business is very popular right now, and many people use printables every single day.
You can make printables for all sorts of things, like holidays (such as Valentine’s Day, Halloween, and Christmas), baby showers, bachelorette parties, birthday celebrations, greeting cards, a habit tracker, calendars, educational resources, grocery shopping, a meal planner, digital planners, party invitations, jar labels, gifts, and more.
Once you decide what to sell (which this course will definitely help you do), and after you’ve finished designing them (which the course will also help you do), you can sell them on platforms like Etsy or your own website. When someone makes a purchase, you earn money without having to physically make or ship anything.
If you want to learn how to make and sell e-printables, courses like the Gold City Ventures E-Printables course can teach you step-by-step. They’ll show you important skills like designing, marketing, and selling online so you can have a successful e-printables business.
Recommended reading: How I Make Money Selling Printables On Etsy
Why sell printables on Etsy?
Selling printables on Etsy is a popular way for people like you to earn money with minimal effort. Once you create and list your designs, you can keep earning from repeat sales without doing more work.
This means that this can be a great way to make passive income. If you make a popular printable and set up your shop to be easily found in searches, it can keep making sales over time without needing a lot of extra work.
This means that you can choose when to work and can do it from anywhere with internet access. This can be especially great for people who want a part-time job or to work from their own homes.
Plus, making and selling printables doesn’t have actual materials for you to buy or the need to spend money on shipping. This leads to earning more money compared to selling physical items as you’ll have low expenses.
Etsy also has a big audience, which makes it a great place to sell your printables.
What is Gold City Ventures?
Gold City Ventures could be exactly what you need to learn how to generate passive income. If you’ve ever thought about selling printables on Etsy, then the Gold City Ventures E-Printables course can help you turn this into a fun way to make extra money from home.
Gold City Ventures is a website that sells a full training course that teaches you how to earn money by selling printables online.
Cody Berman and Julie Berninger, the founders, created this course to help others learn from their own successful experiences in running Etsy shops and making money online.
Julie makes over $1,000 per month in her Etsy shop, The Swag Elephant, and Cody was hooked on printables since earning over $700 in passive income in one week while on a ski vacation.
Some of the success stories from people who have taken this course:
Sasha H. is an accounting professional and mother of two who sells budgeting printables to help families reach their money goals. Ever since taking the course, she has made over 10,000 sales in her printables store.
Jen G. took the course in 2019 and since then has made over 7,200 sales with her online shop.
What’s in Gold City Ventures?
Below, I will be talking about what is in the E-Printables course.
What’s included in the Gold City Ventures E-Printables course?
The E-Printables course by Gold City Ventures is designed to teach you everything you need to create and sell digital products on Etsy.
This course comes with step-by-step instructions on how to make money selling printables, from brainstorming what to sell all the way to listing your printable on Etsy. This course will teach you what to do, even if you are brand new. The course also comes with free templates which will reduce the amount of time you spend creating printables, as they give you over 30 done-for-you templates for Canva that you can just make small edits to and then list in your shop quickly.
Even if you are brand new to graphic design, this course will teach you everything that you need to know.
The modules included in the Gold City Ventures E-Printables side hustle course are:
Module 1: Getting Started –This module is an introduction to the course and gives you an overview of what you will learn.
Module 2: What Should You Sell? – These lessons will give you background information on what exactly a printable is, over 50 printable ideas, and more.
Module 3: Getting Started Making Printables – These lessons will teach you how to start making printables and includes finding fonts and pictures and a seller handbook.
Module 4: Canva Overview – This module gives you an overview of Canva, which is a graphic design tool that you will use to make printables.
Module 5: How To Make Printables With Canva – You will learn how to create a design in Canva in this module, as the module name suggests. You will learn how to use their Canva templates, how to make thank you cards, gift tags, coupons, and more.
Module 6: How To Make Canva Templates –This module will teach you how to make templates that you can sell.
Module 7: Creating Editable Printables With Corjl – These lessons will teach you how to use a different graphic design tool to create editable printables that you can sell.
Module 8: Packaging Your Printable –This module will teach you how to package your printables for sale as well as best practices.
Module 9: Making Listing Images –These lessons will show you how to make listing images, such as what a person sees when they search on Etsy for a product. This will be the image that entices them to click on your printable listing.
Module 10: Listing Your Product – These lessons teach you how to start your shop, how to list your product, how to decide what to sell a printable at, and more.
Module 11: Keyword Research Tools –This module will help you create better searchable listings for your products, such as how to do keyword research and all about Etsy SEO.
Module 12: Marketing And Advertising –These lessons go over coupons and sales, how to promote your printables on Pinterest, and more.
Module 13: Optimizing Your Shop – This module teaches you how to improve your sales, find a niche, and see success.
Module 14: Etsy Sellers App –This module goes over the Etsy Sellers App, how to monitor orders, and how to talk with customers.
As you can see, there are many helpful modules and lessons included in this course.
On top of all of that, you will also learn their seasonal product strategy. One of the reasons why students in this course make sales so quickly is because they follow their seasonal product strategy. They fully outline their seasonal trends strategy including all of the tools and resources you need. Some students have even made sales on their first day in the course with their Etsy printables business.
How much is the Gold City Ventures course?
The Gold City Ventures E-Printables course costs $247.
There are free resources that can help you get started, too, such as the free workshop: Earn Money Selling Printables. This free workshop will teach you how to get started selling printables. You will learn different ideas for printables to sell, how to get started on Etsy, and how to actually make sales.
Also, you can sign up for this free ebook that helps you figure out where to start when it comes to selling printables on Etsy. This can be a great way to get started and learn how to sell digital downloads on Etsy.
Who is the Gold City Ventures course for?
The Gold City Ventures course is for people who want to make money selling printables. It doesn’t matter if you’re new to digital design or already sell on Etsy. This course gives you helpful tips to do well in the e-printables market.
This course is for you if:
You want a fun and money-making side job by selling printable items on the internet.
You’re a creative person looking for a way to create passive income.
You want to make a few hundred (or thousand) extra dollars each month.
You want to work from home.
Pros and Cons of Gold City Ventures E-Printables Side Hustle Course:
Pros:
This course covers everything you need to know about making and selling printables.
The course was created by experienced Etsy sellers Julie Berninger (from the popular blog Millennial Boss) and Cody Berman (a well-known financial independence retire-early expert). There are also very helpful successful printables experts who are in their support group answering questions.
Helps jump-start your Etsy shop with actionable steps (there’s no fluff in this course – they teach you step-by-step).
You can possibly earn over $1,000 per month selling printables after taking a printables course.
There really weren’t any cons that I found in the course. But, some things to know include:
You must be willing to invest time and effort to learn and apply the course material as there are a lot of modules and lessons.
The course does have a cost. It is relatively low, though, at $247.
VIP Membership perks
One of the best parts about the E-Printables course is the bonus you get.
When you buy the course, you get a free trial of their VIP Membership for 30 days, and it starts right after you make the purchase.
The VIP Membership comes with two important things: 1) Their special Facebook group for VIPs, and 2) The VIP Membership Vault.
In the VIP Facebook group:
They organize live Q&A sessions, strategy talks, and virtual chats.
They hold monthly sessions where you can get help with graphic design to make your printables look even better.
You have daily access to three experienced experts in their paid group, each with a track record of thousands of printables sales on Etsy.
They will answer all your questions and respond to your requests for feedback on your shop.
And more.
The VIP Membership Vault comes with:
100+ bonus videos including guest interviews, technical training, and advanced strategies
5 brand new template packs you’ll receive every month that you can use for free in your business
Behind the scenes with 6- and 7-figure printables sellers
Even if you don’t have Facebook, you can still access this. Their live events are shared afterwards to the VIP Vault, and you can watch the video replay.
If you decide to continue with the VIP Membership after the initial 30 days, there will be a monthly charge of $29 until you reach 100 sales. They celebrate their “100 Sales Club” members at Gold City Ventures, and you’ll get a special prize sent to you by mail, along with a complimentary VIP Membership.
Note: You are not required to have the VIP Membership, and you can cancel it whenever you want. You’ll always have access to the E-Printables course itself, no matter what.
Refund policy
There is a 7-day refund policy as long as you don’t go past Module 1. If the course isn’t for you, they will give you a full refund, but you will want to make sure that you stay within this limit.
Gold City Ventures reviews and success stories
As you learn more about Gold City Ventures, you’ll see that lots of people have done well with their E-Printables course. This course shows you step-by-step how to make and start your own printable business. It can be a great way to make extra money on the side or even as a full-time job if you’re willing to work hard.
Many students have talked about how much they liked the course. They’ve gone from making their first printable on Etsy to earning a steady income from their online store. There are lots of success stories. People think the course materials are well-organized, easy to use, and packed with helpful advice and techniques.
Some of the things about the E-Printables course that students like include:
The course material covers everything, from creating printables to promoting your products.
There’s a kind and helpful community of fellow learners and teachers.
You get useful tools and resources to improve your Etsy listings and increase your sales.
You have a chance to make passive income with what they teach you.
A lot of people have discovered that investing in the Gold City Ventures E-Printables course is a great step in their printables business journey. Remember to think about your own goals and situation when looking at the success stories and reviews. This will help you decide if this course is the right choice for you.
You can read all of the success stories here to see what real people think of the course.
Frequently Asked Questions About Gold City Venture’s E-Printables Course
Below are answers to common questions about this course.
Do printables sell well on Etsy?
Yes, printables can sell well on Etsy. People search on Etsy all the time for printables, and I have done it as well. There is a lot of demand for creative and helpful printables on Etsy.
How much do people make selling printables on Etsy?
There is not an average that people make by selling printables on Etsy. This is because there are so many factors, such as what a person is selling, how many printable designs they have created, what they are doing to market their printables, and more.
Some sellers may make a few hundred dollars per month, while others could earn thousands. It’s important to remember that building a successful Etsy shop takes time and hard work.
How much does the Gold City Ventures course cost?
The E-Printables course costs $247.
How can I access the free workshop?
Free Training Workshop: Earn Money Selling Printables. This free workshop will teach you how to get started selling printables. You will learn different ideas for printables to sell, how to get started on Etsy, and how to actually make sales.
How long does it take to complete the course?
The Gold City Ventures E-Printables course is a self-paced program, so it might take a few days or weeks to complete the course, depending on your learning pace and available time. The average is around one month to complete the course.
What is the best printables course?
The best printables course depends on your individual needs and learning preferences. Gold City Ventures is one option that has received positive reviews and focuses on creating passive income through Etsy. This is the printables course that I highly recommend, as it is well-rounded and teaches you everything that you need to know right from the very beginning!
Is Gold City Ventures worth it?
The worth of Gold City Ventures relies on what you want to achieve. If you’re interested in learning how to make money passively on Etsy with printables, this program could be a good investment. It teaches both design and marketing strategies that have helped many people succeed.
Gold City Ventures Review: E-Printables Course Review
I hope you enjoyed this Gold City Ventures Review.
The Gold City Ventures E-Printables course will teach you how to make printables, even if you have no experience. This can help you to make extra money, even over $1,000 per month, as well as passive income.
E-printables are digital files that customers can buy, download, and print themselves, either at home or at a print shop. This market has seen a big increase in popularity in recent years as more people look for affordable and customizable options for things like home decorations, planners, and party supplies.
Gold City Ventures shows you how to make, promote, and sell your own printables on Etsy, taking advantage of this growing market and potentially earning you passive income.
Gold City Ventures might not be a perfect fit for everyone, but if you’re motivated, creative, and willing to put in effort, it could help you to make money from home. The course has detailed video tutorials and useful lessons designed to help you get into e-printables and selling on Etsy, even if you’re just beginning. Plus, hearing success stories and feedback from those who have completed the course can give you a lot of inspiration and ideas for your own entrepreneurial journey.
Please click here to learn more about the E-Printables course.
