Wednesday, April 8, 2020 / by Bruce LaMaster
Today’s everyday reality is pretty different than it looked just a few weeks ago in California and the rest of the Country. 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.
The LaMaster Real Estate Team powered by RE/MAX Gold is up to speed on the tools to help and guide our clients in these ever-changing times. Here’s a look at some of the elements of the process that are changing (at least in the near-term), due to stay-at-home orders and social distancing, and what you may need to know about each one if you’re thinking of buying or se ...
Monday, April 6, 2020 / by Bruce LaMaster
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 overall goal is to keep everyone, households and businesses, whole.”
That’s promising, but we’re still uncertain as to when the recently unemployed will be able to return to work.
Another concern: how badly will the U.S. economy be damaged if people can’t buy homes?
A new concern is whether t ...
Friday, April 3, 2020 / by Bruce LaMaster
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.
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The LaMaster Real Estate Team and/or RE/MAX Gold does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The LaMaster Real Estate Team and/or RE/MAX Gold will not be liable for any loss or damage caused by your reliance on the i. ...