While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent, that money is lost forever. When you make a mortgage payment, much of that money accumulates as equity in the…
Category Archives: Buyers
Feeling Confused About the Economic Recovery? Here’s Why.
Experts agree that the second quarter of 2020 will be an even greater slowdown, a sign more businesses are feeling the effects of this health crisis. The same experts, however, project businesses will rebound, and a recovery will start to happen in the second half of this year.
As time goes on, we’ll have more clarity around what the true economic recovery will look like, and we’ll have more information on the sciences that will affect it. As the nation’s economy comes back to life and businesses embrace new waves of innovation to serve their customers, the American spirit of grit, growth, and prosperity will be alive and well. If you have questions about your local market or would like to discuss Real Estate, call me today 714.343.9294. I am here for you!
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What Impact Might COVID-19 Have on Home Values?
A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand, which is how many items are available in relation to…
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VISIT OUR OPEN HOUSES on FACEBOOK LIVE!
Stovall Team is offering many ways to view the homes we currently have listed. We invite you to view the properties in person or remotely. Visit https://www.facebook.com/micahstovall
Those able to enter the housing market have the benefits of low rates- and the wisdom of those who bought during the last crisis. Everyone needs someplace to live, and here is another thing that probably will not change: in our area the housing stick or sale is more attractive to many than what is for rent. Much of the current inventory has come from people who are moving up or on and will themselves need to buy a property. Everyone has to make those decisions for themselves, but don’t let the sound of opportunity knocking lull you into undue risk.
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Impact of the Coronavirus on the U.S. Housing Market
The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around the world. With all this uncertainty, how do you…
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2020 Summer Heating Up Real Estate
If you’re thinking of selling your house this summer, now may be your best opportunity. With so few homes on the market for buyers to purchase, this season may be the time for your house to stand out from the crowd. Stovall Team will help you list safely and effectively, keeping your family’s needs top of mind. Buyers are looking, and your house may be at the top of their list. If you’re thinking of selling, many buyers may be eager to find a home just like yours. Reach out to Stovall Team today to make sure you can get your house in on the action this summer. Call me today at 714.343.9294.