All Gave Some. Some Gave All.

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Real Estate Tops Best Investment Poll For 5th Year Running

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.

Real Estate Tops Best Investment Poll for 5th Year Running | Keeping Current Matters

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

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Loving That Living Landscape

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?

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 Reporthome 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:

What If I Wait Until Next Year to Buy a Home? | Keeping Current Matters

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.

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The Truth About Lead-Based Paint Liability

 

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.

Laws and Executive Orders

Lead is a pollutant regulated by many laws administered by EPA, including the Toxic Substances Control Act (TSCA)Residential Lead-Based Paint Hazard Reduction Act of 1992 (Title X), Clean Air Act (CAA)Clean Water Act (CWA)Safe Drinking Water Act (SDWA)Resource Conservation and Recovery Act (RCRA), and Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA)among others.

Regulations

Policy and Guidance

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