Covid-19 Real Estate – Market Wrap and Real Estate News in March 2020

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buying a home, covid-19, real estate, selling a home, sheter in place, working during a pandemic

How do you deal with buying or selling real estate during the Covid-19 pandemic? (coronavirus). California is on lockdown, with a Shelter in Place order, like much of the country. We discuss the effect of coronavirus on real estate, and and buying or selling a house during the covid-19 pandemic in this months market wrap. This program is a News Style format with top real estate stories of March 2020, including the market sales statistics for February 2020 in Stanislaus County, and San Joaquin County, Including Tracy, Stockton, Manteca, Lodi, Escalon, Ripon, Modesto, Ceres, Turlock, Riverbank, Oakdale, Waterford. Keep informed in the market whether you want to buy a home, or put a home up for sale. Brought to you by Bradley Price, Realtor and Broker Owner of Sonata Realty. Story Time index :26-Introduction 46:-Coronavirus Shelter in Place Order Epilogue 1:34-Performing Real Estate Tasks During Shelter in Place 2:27-The Real Estate Market Will Continue. (how to make it work) 3:36-Epilogue 4:22-Credits Market Wrap Up December 2019 Numbers in the Crawl 1:00 Ceres 1:12 Modesto 1:26 Turlock 1:41 Oakdale 1:54 Riverbank 2:09 Waterford 2:30 Escalon 2:42 Lodi 2:56 Manteca 3:11 Ripon 3:24 Stockton 3:37 Tracy CA DRE#01240258 & 01909288 Music “Moose” provided by Bensound.com

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The Perks of Home Ownership

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buying a home, Home Buyers, Home Purchase, real-estate

Owning a home is a good feeling, no way around it.  You never have to ask the landlord before you paint, landscape, or do any other changes to the property.  Also any expenditures you make to improve the property, increase the value of an asset you own.   In addition to that though, there are a number of financial perks to home ownership that are just the icing on the cake.  The chart below, is designed to show you some of these perks.

Why You Don’t Want To Wait Too Long To Buy!

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buying a home, home loans, Home Purchase, Real Estate Finance, real-estate, save interest

I can remember my parents paying around 18% on there mortgage back in the day.  Truly a dismal prospect.  The interest rate you pay, has a huge difference on the amount of your monthly payment for you home.  In fact, not only does it affect how much you can afford, but it may make the difference  whether you can purchase or not at all.  Interest rates for now, continue to be at historic lows.  The chart below, provided by the California Association of Realtors, is designed to help you understand how much even a small fluctuation in interest rates will affect your payment.  So do yourself a favor, and don’t wait too long to buy.