All Gave Some. Some Gave All.

By Tarah Stovall | Published: May 28, 2018

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Real Estate Tops Best Investment Poll For 5th Year Running

By Micah Stovall | Published: May 20, 2018

Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.

For the fifth year in a row, real estate has come out on top as the best long-term investment!

This year’s results showed that 34% of Americans chose real estate, followed by stocks at 26%. The full results are shown in the chart below.

The study makes it a point to draw attention to the contrast in the sentiment over the last five years compared to that of 2011-2012, when gold took the top slot with 34% of the votes. Real estate and stocks took second and third place, respectively, while still in recovery from the Great Recession. As the real estate market has recovered, so has the belief of the American people in the stability of housing as a long-term investment.

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Interest Rate Impact

By Tarah Stovall | Published: May 18, 2018

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Loving That Living Landscape

By Micah Stovall | Published: May 16, 2018

Spring is in full bloom and for many of us that means spending more time outdoors.

Micah Stovall Landscape Curb Appeal Huntington Beach Fountain Valley

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Visiting Open Houses This Weekend? Well, What If I Wait Until Next Year To Buy A Home?

By Micah Stovall | Published: May 12, 2018

I recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, however, you must not be concerned about price, but instead about the ‘long-term cost’ of the home.

The Mortgage Bankers Association (MBA), Freddie Mac, and Fannie Mae all project that mortgage interest rates will increase by this time next year. According to CoreLogic’s most recent Home Price Index Report, home prices will appreciate by 5.2% over the next 12 months.

What Does This Mean as a Buyer?

If home prices appreciate by 5.2% over the next twelve months as predicted by CoreLogic, here is a simple demonstration of the impact that an increase in interest rate would have on the mortgage payment of a home selling for approximately $250,000 today:

If buying a home is in your plan for this year, doing it sooner rather than later could save you thousands of dollars over the terms of your loan. The best time to sell anything is when demand is high, and supply is low. If you are currently in a starter or trade-up house that no longer fits your needs and you are looking to step into a luxury home, now’s the time to list your house for sale and make your dreams come true. Call us today 714.343.9294 and visit stovallteam.com The Stovall Team places a premium on customer service, drawing on more than 60 years of combined experience and out-of-the box thinking to ensure that their Team provides the best customer experience in the business.

Posted in Real Estate News | Tagged and supply is low. If you are currently in a starter or trade-up house that no longer fits your needs and you are looking to step into a luxury home, doing it sooner rather than later could save you thousands of dollars over the terms of your loan. The best time to sell anything is when demand is high, drawing on more than 60 years of combined experience and out-of-the box thinking to ensure that their Team provides the best customer experience in the business., Huntington Beach Real Estate, If buying a home is in your plan for this year, lovewhereyoulive, luxuryrealestate, Micah Stovall, now’s the time to list your house for sale and make your dreams come true. Call us today 714.343.9294 and visit stovallteam.com The Stovall Team places a premium on customer service, ocrealestae, Stovall Team | Comments closed

The Truth About Lead-Based Paint Liability

By Micah Stovall | Published: May 10, 2018

Stovall Team

Lead Laws and Regulations

Congress has passed a number of laws related to lead. These laws address lead in paint, dust and soil; lead in the air; lead in water; and disposal of lead wastes. EPA is addressing lead contamination and resulting hazards under these laws in many ways, including by issuing and enforcing regulations. EPA also helps the regulated community understand the federal requirements with policy and guidance documents to assist in complying with the regulations.