Tomorrow's Markets: Why You Should Still be Shopping
Finding You the Right Home
The COVID-19 crisis has shown all of us just how important a home is. At this moment, our homes offer not simply a place to conduct our lives, but also very real protection during this ongoing health crisis. Never before has the value of having the right place been so apparent, all over the world.
I have worked for more than five years to help homeowners to find a home that keeps them both safe and comfortable. I have always felt honored to have the opportunity to guide people into their perfect home for their lives and needs. Most importantly, COVID-19 has only strengthened my passion to get creative in helping folks get into their dream home.
I Am Working For You
Even during these tough times, I want to help everyone find their place in the world. The importance of my role in my clients lives has only been highlighted by this crisis. Members of the Compass team have worked to do things they’ve never done before. They have been helping people keep their homes financially afloat, scheduled virtual tours for immunosuppressed clients who desperately need a safe place to move. As a collective, we have helped people find second homes in order to escape city centers, and aided medical professionals relocate to those same city centers in order to combat the disease.
And there is still more to do. Now is the time to be strengthening ourselves how we can, making our homes better able to sustain us through the crisis, or continuing our work to get ready to buy your own home.
Adapting to the New Markets
It’s safe to say that this crisis has forever changed how we look at our homes. Knowing just how much we might be relying on them in the future has illustrated the importance of having the space that works for us, that makes us feel truly at home.
Amid this crisis, the process of finding your own dream home hasn’t stopped. I am dedicated to making sure all clients feel safe and at home as they shelter in place, and more than that, I have the data to help our clients make the most of this turbulent situation.
Preparing for the Future
While much of today’s economic news seems dire, many market experts are looking ahead. COVID-19 may have brought about a record-setting recession, but many experts are predicting record-breaking rebounds once the threat of the virus has dissipated. Unlike more conventional recessions, this one is predicted to produce a huge surge in consumer interest once it's safe for people to go out again. What this means is that, with the market in its current low state, many unexpected opportunities for home buyers are emerging.
Even during this uncertain time, I am here to help you do what I always do: navigate the complicated real estate market and help you find your forever home. No matter the circumstances outside, we’ll help you find a place to stay safely and comfortably inside.
Federal Reserve and Your Mortgage
The Federal Reserve’s pledge to buy unlimited amounts of bonds to support lending will probably drive the average 30-year fixed mortgage rate down to an all-time low of 2.9% in 2020’s second and third quarters, before rising to 2.95% in the final three months of the year, according to the Wells Fargo forecast.
This isn’t a time to fear the market and avoid planning your new forever home, now is the time to look, buy and plan. Don’t wait until the next disaster to consider where your new home may be. If you are ready to begin looking or even just to know where to start in our current market, we are here to help you. Reach today and make a plan toward your forever home today.
