bidonhomes: First Impressions of the Congressional Rescue Package by Mark Schniepp and Ben Wright
- 03/26/20 01:29 PM
Filings for Unemployment Benefits Soar Beyond Belief The rapid spread of the coronavirus has led to massive business disruptions in the U.S. over the past several weeks. A growing number of states across the country ordered residents to “shelter in place,” and non-essential businesses such as sit-down restaurants, retail stores, and any event supporting public gathering have been forced to close or shut down. Effectively, federal and state governments have shut down the U.S. economy. As a result, the pace of layoffs has been so swift, new fillings for unemployment insurance have skyrocketed to historic levels. The Rescue PackageOn Wednesday night, the Senate voted … (0 comments)
bidonhomes: Stay Calm And Don’t Let Frightening Headlines Scare You
- 03/26/20 08:10 AM
There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, we will continue to see a rash of horrifying headlines over the next few months. Let’s make sure we aren’t paralyzed by a headline before we get the full story. When it comes to the health issue, you should look to the Centers for Disease Control and … (0 comments)
bidonhomes: This Will NOT Like the Last Time-5 Simple Graphs
- 03/16/20 12:34 PM
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in a recent interview: “With people having PTSD from the last time, they’re still afraid of buying at the wrong time.” There are many reasons, however, indicating this real estate market is nothing like 2008. Here are five visuals to show the dramatic differences. 1. Mortgage standards are nothing like they … (2 comments)
bidonhomes: La ganancia de plusvalía está aumentando en casi todos los estados
- 03/10/20 03:06 PM
La ganancia de plusvalía está aumentando en casi todos los estados Los precios de las viviendas en aumento han estado mucho en las noticias últimamente, y gran parte del enfoque ha sido en si se están acelerando demasiado rápido y en qué tan sostenible es el aumento de los precios. Sin embargo, uno de los beneficios ignorados de los precios en aumento es el impacto que tienen en la posición del patrimonio de los propietarios de casa.
La plusvalía se define como la diferencia entre el valor justo de la vivienda en el mercado y el saldo pendiente de todos … (0 comments)
bidonhomes: Home Equity Gain Growing in Nearly Every State :)
- 03/10/20 02:09 PM
Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position. Home equity is defined as the difference between a home’s fair market value and the outstanding balance of all liens on the property. While homeowners pay down their mortgages, the amount of equity they have in their homes climbs each time the value increases. Today, the number of homeowners that … (2 comments)
What is My Home Worth? To Get A Market SnapShot Click Here . #SellYourHomeForMoreandPayLess, #TimeToSell #ChrisBJohnsonRealtor, #SellersPayZEROCommission, #ListYourHomeAndPayNoCommission, #BetterThanFSBO, #5StarREALTOR®, #FixandFlip, #RealEstateInvestor, #TopProducer, #AJIBoom, #XomeAgentNetwork, #BidOnHomes, Facebook Badge Chris B Johnson Blog Archive ▼ 2020 (48) ▼ March (6) 2020 Spring Forward - The Difference an Hour Makes... COVID-19 and Recession ? #SellYourHomeForMoreandPa... What Is The Impact of the Coronavirus on the U.S. ... WoHoo! Real Estate Is Soaring, But Not Like 2008 #... Here Is How Your Tax Refund … (0 comments)
RateMyAgent VC 5 Star Rated Realtor ChrisBJohnsonRealtor on YouTube. RateMyAgent : Verified Reviews Some Highlights: Don’t forget to set your clocks forward this Sunday, March 8 at 2:00 AM EST in observance of Daylight Saving Time, unless you’re a resident of Arizona or Hawaii! Every hour in the United States, 568 homes are sold and median home values rise by $1.92. As we “spring forward” this year, let’s get together to see how you can take advantage of every hour in the housing market. « Impact of the Coronavirus on the U.S. Housing Market What is My Home Worth? … (0 comments)
bidonhomes: COVID-19 and Recession ??
- 03/07/20 03:02 PM
by Mark Schniepp March, 2020 #ChrisBJohnsonRealtor , My Los Angeles County Real Estate BLOG My Ventura County Real Estate BLOG BuyersWalkThrough #363BentTwig Investor Fix & Flip-Bidding Ends SOON! #ChrisBJohnsonRealtor #AJIBoom #363BentTwig #1251SweetbriarDrive #16930EncinoHillsDrive #3676_5thAve #14242ValleyVista #No_iBuyers Up until mid February, there was little worry about the 6 month outlook for the U.S. economy. We were relatively certain that the expansion would continue at least that long because the seeds of a general slowdown were simply absent. Even today, job creation through February continues to impress, manufacturing is clawing back from the effects of the trade war, spending by consumers has continued and the stock market was making record … (2 comments)
bidonhomes: Los propietarios de vivienda del nivel de entrada están en el asiento del conductor
- 02/25/20 10:09 AM
Los propietarios de vivienda del nivel de entrada están en el asiento del conductor Una cosa que ayuda a los propietarios de vivienda en este momento es la apreciación de los precios, especialmente en el mercado del nivel de entrada. En el último informe ‘Home Price Insights’, CoreLogic revela como los precios de las viviendas aumentaron interanualmente un 4 %, y pronostica que los precios aumentaran 5.2 % para diciembre 2020.
¿Por qué es una buena noticia para los propietarios? Cuando los precios aprecian, los propietarios ganan plusvalía. Además, aquellos que planean vender este año, especialmente en el mercado de nivel de entrada, … (0 comments)
bidonhomes: 1st Time HomeBuyers - Entry-Level Homeowners Are in the Driver’s Seat
- 02/25/20 09:57 AM
One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the homeowners? When prices appreciate, homeowners gain equity. In addition, those planning to sell this year, especially in the entry-level market, can potentially earn a substantial profit. Dr. Frank Nothaft, Chief Economist at CoreLogic, says: “Moderately priced homes are in high demand and short supply, pushing up values…Homes that sold for 25% or more below the local median price experienced a 5.9% price gain … (1 comments)
bidonhomes: The Many Benefits of Aging in a Community
- 02/21/20 12:17 PM
There’s comfort in being around people who share common interests, goals, and challenges. That comfort in a community doesn’t wane with age – it actually deepens. Whether it’s proudly talking about grandchildren or lamenting the fact that our eyes aren’t as good as they used to be, it helps to be around people who not only understand what we’re saying but actually feel the same joys and concerns as well. That’s why many boomers are deciding to move into an active adult community. In the latest 55places National Housing Survey, they were described by one out of three seniors as an “outgoing, social … (3 comments)
bidonhomes: How Your Trusted Realtor (ME:) Can Make Homebuying Easier 2 Understand
- 02/21/20 11:58 AM
In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help ease those concerns and make the process to homeownership much easier to understand. A recent survey conducted by Ipson and Freddie Mac reveals the confidence level of Gen Z and Millennial buyers regarding the homebuying process. The graph below shows the breakdown of the top results, clearly indicating there’s a … (0 comments)
bidonhomes: Home Prices Are on the Rise This Year!
- 02/13/20 02:26 PM
Home prices are appreciating, and they're forecasted to continue doing so through the next few years. Let's connect to see if now is a great time to make your next move.
https://www.google.com/analytics/web/#home/a69066132w111663562p116541675/ RateMyAgent VC 5 Star Rated Realtor ChrisBJohnsonRealtor on YouTube. RateMyAgent : Verified Reviews … (5 comments)
bidonhomes: How Pricing Your Home Right Makes a Big Difference
- 02/13/20 01:35 PM
Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for the sale. If you’ve ever watched the show “The Price Is Right,” you know the only way to win the game is to be the one to correctly guess the price of the item up for bid without going over. That means your guess must be just slightly under the retail price. When it comes to pricing your … (2 comments)
bidonhomes: The #1 Reason to List Your House Right Now!
- 02/13/20 01:14 PM
The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident there are two big stories impacting this year’s residential real estate market: 1. Buyer demand is already extremely strong 2. Housing supply is at a historically low level Demand ShowingTime is a firm that compiles data from property showings scheduled across the country. The latest ShowingTime Showing Index reveals how showings have increased … (3 comments)
bidonhomes: The Top States Americans Moved to Last Year [INFOGRAPHIC]
- 02/07/20 09:21 AM
Some Highlights: Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state. Idaho held on to the top spot of ‘high inbound’ states for the second time since 2017, followed by Washington State. New York was the country’s outbound move leader in 2019, a designation it most recently held in 2014. « Great News for Renters Who Want to Buy a Home
RateMyAgent VC 5 Star Rated Realtor ChrisBJohnsonRealtor on YouTube. RateMyAgent :Verified Reviews What is My Home Worth? To Get A Market SnapShot Click Here . Facebook Badge Chris B Johnson … (0 comments)
bidonhomes: Does “Aging in Place” Make the Most Sense?
- 02/06/20 09:55 AM
A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – there’s a comfort in staying in a home you’ve lived in for many years instead of moving to a totally new or unfamiliar environment. There is, however, new information that suggests this might not be the best option for everyone. The familiarity of your current home is … (0 comments)
bidonhomes: How To Invest In This Housing Market AND Avoid Some Gender Gap StereoTypes
- 02/04/20 01:42 PM
When buying a home, we all want to feel like we’re making the right decision, paying a fair price, and making the best investment of our lives. According to a recent gender-based study, men and women can unknowingly walk away with very different financial outcomes when the deal closes. Thankfully, if you follow some simple ways to arm yourself with the information you need to prepare in advance, you’re more likely to feel like you’ve won when the keys to your new house are in your pocket. Kelly Shue and Paul Goldsmith-Pinkham of the Yale School of Management showed in their recent study The Gender Gap in … (0 comments)
Filings for Unemployment Benefits Soar Beyond Belief
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