Homes are still considered to be the ultimate form of stability and financial cushion. One in four homes in America have more than 50% equity, said Matthew Gardener, Chief Economist for Windermere Real Estate.
Zillow stated that 75% of Americans say they prefer to work from home and would consider moving to accomplish this so they can have a degree of separation at home, personally and professionally. With the low interest rates, now is an incredible time to purchase that move-up home to accommodate multiple offices, children’s play area, home gym, parent/in-law suite, and/or stay-at-home resort style back yard. If you have a current home to sell, it couldn’t be a better time as we are in a very good sellers’ market.
Site Selectors Guild performed a site consultant survey and found that suburbs and mid-size cities are in, big cities are out. There is a shifting corporate location preference for new corporate expansions and relocations. They named the Top 10 mid-size cities that would be strong potential candidates for new locations or expansion projects in the next year and named Tucson, AZ in their Top 10. The majority of the project activity is predicted to resume in 2021 due to Covid-19.
Three Rules of Life by an unknown author:
- If you don’t go after what you want, you’ll never have it.
- If you don’t ask, the answer will always be no.
- If you don’t step forward, you’ll always be in the same place.
Refocus your mind to let in the positive and keep out all the negative we hear on the news, in movies, social media, etc. Blessings for an amazing day.