Mid Year Market Update 2020 has most certainly been one for the books! Covid-19, Protests, Riots, Kobe Bryant, No Olympics, Distance Learning, Social Distancing, Murder Hornets, Locusts, SpaceX, Australia Burning, Royals Leaving Royalty, Zoom, and let's not forget, Tiger King. We've made it past the half-way marker! Although this year has brought many challenges, these defining moments have been shaping our economy in a very surprising way. With many businesses forced to shut down, unemployment rates sky-rocketed in the initial phase of sheltering at home. Many were worried they wouldn't be able to pay their mortgages and would need to rely on a forbearance program. We have made a surprising rebound, and the Real Estate industry is leading the pack! For the first time since March of this year, Home Sales have actually surpassed pre-Covid numbers week over week since May. Here's a look at the past weeks numbers for San Luis Obispo County, informational stats from CAR's J ...
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Ever wonder what a home inspector is doing in the 2+ hours while they're at the property you're selling or purchasing? Curious to know the top 6 things they look at for their report? All these areas can affect the negotiation of a sales contract. It's important to be informed so you can prepare for possible repairs and unforeseen expenses.
You definitely want to use a home inspector in the area you are buying or selling property. They will be most informed of county retrofit requirements and other local ordinances that may effect what needs to be fixed or replaced in a home or property.