fixandflip: Americans Are Sitting on Tremendous Equity - 04/09/20 05:59 PM
Americans Are Sitting on Tremendous EquityMore than half of homes in America have at least 50% equity. Wondering how much equity you have? Let's connect.
Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home.
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Blog Archive … (3 comments)

fixandflip: Why Home Office Space Is More Desirable Than Ever - 04/09/20 10:15 AM
For years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise you: home offices.
In a recent article by George Ratiu, Senior Economist with realtor.com, he notes how listings with an office are selling quickly:
“As more companies have been embracing remote work, buyers are driving demand for houses with home offices higher. Homes featuring the term ‘office’ are selling 9 days faster than the overall housing inventory.”
Today, more and more people are working remotely, and that’s not just because the current pandemic … (2 comments)

fixandflip: ¿Cómo la tecnología está habilitando el proceso de bienes raíces? - 04/08/20 12:57 PM
¿Cómo la tecnología está habilitando el proceso de bienes raíces? La realidad cotidiana de hoy es bastante diferente de la que era hace un par de semanas atrás. Estamos aprendiendo a hacer muchas cosas de maneras nuevas, desde cómo trabajamos de forma remota hasta cómo nos relacionamos con nuestros amigos y vecinos. Casi todo en este momento está cambiando a un formato virtual. Uno de los grandes cambios a los que nos estamos adaptando es la revisión de la transacción de bienes raíces común, que varía según el estado y la localidad. Sin embargo, la tecnología está haciendo posible que muchos de … (0 comments)

fixandflip: How Technology Is Enabling the Real Estate Process - 04/08/20 12:39 PM
Today’s everyday reality is pretty different than it looked just a few weeks ago. We’re learning how to do a lot of things in new ways, from how we work remotely to how we engage with our friends and neighbors. Almost everything right now is shifting to a virtual format. One of the big changes we’re adapting to is the revisions to the common real estate transaction, which all vary by state and locality. Technology, however, is making it possible for many of us to continue on the quest for homeownership, an essential need for all.
Here’s a look at some of … (0 comments)

fixandflip: How to Find the Perfect Real Estate Agent - 04/07/20 12:30 PM
There’s a ton of real estate information available in the news today and on the Internet. It can be extremely confusing, especially in times of uncertainty like we’re facing right now.
If you’re thinking of buying or selling this year, you need an agent who can help you:
Make sense of this rapidly evolving housing market Navigate everything from virtual showings to new online marketing strategies Price your home correctly at the beginning of the selling process Determine what to offer on your dream home without paying too much or offending the seller Dave Ramsey, a financial guru, advises:
“When getting … (2 comments)

fixandflip: Will Surging Unemployment and Recession Crush Home Sales? - 04/06/20 11:16 AM
Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, explained that the government is trying to find ways to assist those who have lost their jobs and the companies which were forced to close (think: your neighborhood restaurant). In a recent interview he said:
“This is a planned, organized partial shutdown of the U.S. economy in the second quarter. The … (0 comments)

fixandflip: Economic Damage and the Outlook for the California Economy in Pandemic - 04/03/20 03:53 PM
by Mark Schniepp
April 3, 2020
In February while we were assessing the early economic indicators for the U.S. and California it became clear that the momentum from 2019 was pushing into 2020. Moreover, momentum was actually accelerating.
We thought the forecast for 2020 would be another year similar to 2019 when employment reached record highs, unemployment fell to record lows, trade was improving, manufacturing output was growing, and general economic sentiment by Americans was near historic levels of optimism.
Well, that condition rapidly turned on a dime.
A National Emergency was declared by the Trump Administration on March 13. By March … (4 comments)

fixandflip: The Housing Market Is Positioned to Help the Economy Recover [INFOGRAPHIC] - 04/03/20 03:16 PM
Some Highlights Expert insights are painting a bright future for housing when the economy bounces back – and it will. We may be facing challenging economic times today, but the housing market is poised to help the economy recover, not drag it down. Let’s connect to make sure you’re informed and ready when it’s time to make your move.  
« Looking to the Future: What the Experts Are Saying 
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#AJIBoom #TimeToBuy  #HomeBuyingStimulus #GoodRealEstateAdvice           Blog … (4 comments)

fixandflip: What the Experts Are Saying About the This Real Estate Market - 03/27/20 03:20 PM
What the Experts Are Saying About the MarketWith so much changing in today's market, it's important to know what the experts are saying. Let's connect to discuss how these changes may impact you.
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(3 comments)

fixandflip: 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)

fixandflip: 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)

fixandflip: 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)

fixandflip: 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)

fixandflip: 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)

fixandflip: Humm....Are You Thinking of Getting Your House Ready to Sell? - 03/08/20 02:19 PM
Houses are in high demand this spring, making it a great time to sell. Let's connect to plan how you can get your house ready for potential buyers.
 
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  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)

fixandflip: 2020 Spring Forward - The Difference an Hour Makes - INFOGRAPHIC - 03/07/20 03:40 PM

  
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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)

fixandflip: COVID-19 and Recession ?? - 03/07/20 03:02 PM
by Mark Schniepp
March, 2020   
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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)

fixandflip: Today's Mortgage Rates Are ‘Deal of the Century’ Stay Focused When Others Panic - 02/29/20 01:15 PM
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Borrowing costs continue to head lower, enticing home shoppers and refinancers to lock-in.
“Given the recent volatility of the ten-year Treasury yield, it’s not surprising that mortgage rates again have dropped,” says Sam Khater, Freddie Mac’s chief economist. “These low rates combined with high consumer confidence continue to drive home sales upward, a trend that is likely to endure as we enter spring.”
Freddie Mac reported the following national averages with mortgage rates for the week ending Feb. 27:
30-year fixed-rate mortgages: averaged 3.45%, with an average 0.7 point, falling from last week’s 3.49% average. Last … (0 comments)

fixandflip: 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)

fixandflip: 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)

 
Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity (Allison James Elite)

Chris B Johnson REALTOR®

5 Star Rated REALTOR® Quality, Not Quantity

Moorpark, CA

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Address: 587 W. LOS ANGELES AVENUE, Moorpark, California, 93021

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