Buyer Tips & Strategy National Homeownership Month [INFOGRAPHIC] Some Highlights National Homeownership Month is a great time to reflect on how we can each promote stronger community growth. Homeownership helps families build financial freedom, find greater happiness and satisfaction, and make a positive impact on our local communities. Let’s connect today if homeownership is part of your future plans.
Market Trends The Shocking News in the Unemployment Report Last Friday, the U.S. Bureau of Labor Statistics released their May Employment Situation Summary. Leading up to the release, most experts predicted the unemployment rate would jump up to approximately 20% from the 14.7% rate announced last month. The experts were shocked. The Wall Street Journal put it this way: “The May U.S. jobless rate fell to 13.3% and employers added 2.5 […]
Market Trends Real Estate Will Lead the Economic Recovery With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work and the financial landscape of the country […]
Buyer Tips & Strategy 6 Reasons Why Selling Your House on Your Own Is a Mistake There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner or FSBO, please consider […]
Buyer Tips & Strategy Experts Predict Economic Recovery Should Begin in the Second Half of the Year One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many economists indicate a recovery should begin to happen in the […]
Mortgage Lending Interest Rates Hover Near Historic All-Time Lows [INFOGRAPHIC] Some Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Let’s connect to determine the best way to position yourself for a move in today’s market.
Buyer Tips & Strategy Buying or Selling a Home? You Need an Expert Kind of Guide In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to […]
Buyer Tips & Strategy Why This Summer Is the 2020 Real Estate Season With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate. […]
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Commercial California Issues Guidelines for More Pandemic-Related Retail Openings Rules Also Cover Manufacturing, Logistics and Other ‘Low Risk’ Locations Serving Stores California Gov. Gavin Newsom announced guidelines allowing low-risk retail and industrial facilities to reopen starting Friday. (Gage Skidmore/Flickr) By Lou Hirsh CoStar News May 7, 2020 | 05:47 P.M. California officials issued second-stage guidelines intended to put more retail, logistics and manufacturing companies on […]
Commercial Office Sublease Availability in San Francisco Jumps By 1 Million Square Feet in 2020 CoStar Insight: Further Rise Expected as Tech Firms Slash Payrolls By Jesse Gundersheim CoStar Analytics May 7, 2020 | 02:20 P.M. If you’re currently looking for office space in San Francisco, there’s a good probability that you’ll be considering a sublease option. Roughly 30% of the available space in the market is listed for sublease from […]
Commercial Coronavirus Reveals the Weak Links in Global Supply Chains CoStar Insight: Why China Stands to Lose and US Stands to Benefit in the Wake of COVID-19 Most manufacturing is expected to reshore to other parts of Asia post-pandemic, a factor that will help keep steady port traffic in West Coast markets such as Los Angeles, Seattle and Oakland. (iStock) By Brooks Staley CoStar Advisory Services […]
Commercial Plunge in Bay Area Leasing Activity Highlights Challenges Moving Forward CoStar Insight: Weekly Figures Showcases Coronavirus’ Effect on Retail Sector By Marco Cugia CoStar Analytics May 6, 2020 | 01:13 P.M. The unprecedented drop seen in new leasing activity around the San Francisco Bay Area is hardly surprising given the limitation on the population under the current shelter-in-place order, which went into effect on March 17 […]
Commercial Retail Loan-To-Value Levels On Steadier Footing Heading Into Economic Downturn CoStar Insight: Retail Properties Facing Major Headwinds, But Debt Levels Are Lower Than Just Before Financial Crisis Retail investors and lenders have been far more conservative in recent years compared to the years leading into the Great Recession. (CoStar) By Marco Cugia CoStar Analytics May 5, 2020 | 02:56 P.M. Retail properties are expected to have […]
Commercial California Moves to Let Next Wave of Retailers Reopen in Pandemic Governor: Clothing, Sporting Goods, Flower Stores to Sell Items Starting Friday Gov. Gavin Newsom said counties in California are being given more leeway to decide the pace of business openings based on local circumstances, provided they file contingency plans with the state. (Getty Images) By Lou Hirsh CoStar News May 4, 2020 | 03:51 P.M. Gov. […]
Market Trends The Pain of Unemployment: It Will Be Deep, But Not for Long There are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we normally would. Over 20 million people in the U.S. became instantly unemployed when it was determined that the only way to defeat this […]
Buyer Tips & Strategy Will This Economic Crisis Have a V, U, or L-Shaped Recovery? Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take the economy to fully recover? Let’s look at the possibilities. Here are […]
Buyer Tips & Strategy Keys to Selling Your House Virtually In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. The question is, if you […]
Market Trends Uncertainty Abounds in the Search for Economic Recovery Timetable Earlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic recoveries to support that expectation. In addition, we noted how there are some in the business community who believe we may instead be headed for a U-shaped recovery, where […]
Buyer Tips & Strategy Today’s Expert Insight on the Housing Market [INFOGRAPHIC] Some Highlights According to Lawrence Yun, Chief Economist at NAR, home prices are forecasted to rise. Results from the Existing Home Sales Report note that home sales declined in March due to the coronavirus, but prices are still strong. Let’s connect so you can better understand your home’s value today.
Buyer Tips & Strategy 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 […]