For sellers who occupy the homes they are selling, extra precautions can be taken such as wiping down all hard surfaces, doors, handles, etc before and after all showings and asking visitors to refrain from touching items. Providing soap & towels for hand washing or sanitizer is another great way to help keep safe if buyers are coming to look at your house. As with any major world event there will be an impact on the economy. To what degree remains to be seen, but our professional perspective is that when the dust settles, buyers and sellers will be resuming their regular plans for selling and buying homes. Most of the people who were in the process of putting a home on the market or searching for a new home were at a place where a slight delay due to self-quarantine wouldn't have a large detrimental effect on the process. What we mean is that at the time in which COVID-19 made the biggest adjustments to daily life, the chances were that hitting the "pause" button on real estate … [Read more...] about The Potential Impact of COVID-19 on Real Estate
Can first time buyer get buy to let mortgage
A newborn's first year will cost anywhere from around $16,000 to more than double that, depending on where you live, says Redfin, which compared 79 metro areas for baby-related expenses, including what it costs to upgrade to a bigger home with a bigger mortgage. … [Read more...] about Here’s What it Costs to Raise a Newborn in Banning-Beaumont
What are your Chambers doing since we can't hold new business ribbon cuttings, after hours networking events, morning referral group breakfasts, educational luncheon seminars, street fairs, farmers' markets, training seminars, visits to members' establishments, golf outings, annual banquets, holiday parties and more? The answer is A LOT! … [Read more...] about Why We Need Chambers of Commerce Right Now…And Why They Need You!
“We’re all really scared of getting sick, but we’re all at a point where we don’t know if we’re going to stop having a job,” he said. “So we’ve all been coming into work knowing this could be our last shift, but also that this could be the shift where we catch coronavirus.” … [Read more...] about “How am I supposed to live?” Coronavirus leaves Colorado’s working class anxious and afraid
In a review, "The New Yorker" stated, "Taken together, slower growth in the labor force and the shift to services can explain almost all the recent slowdown, according to Vollrath. He's unimpressed by many other explanations that have been offered, such as sluggish rates of capital investment, rising trade pressures, soaring inequality, shrinking technological possibilities, or an increase in monopoly power. In his account, it all flows from the choices we've made: Slow growth, it turns out, is the optimal response to massive economic success." … [Read more...] about Economist contends a mature economy will encounter slower growth