Kim Renshaw – Central Coast Realtor
🇺🇸 National Real Estate Market Update 🇺🇸
🇺🇸 National Real Estate Market Update 🇺🇸📊 Buyer’s purchasing power is increasing across the nation. 💰 That’s great for buyers because it means it’s easier to purchase a home and it’s also great for sellers because it means buyers can qualify for more money. 🙋 Hi everyone, it’s Kim Renshaw Renshaw Real Estate Group @ Compass helping buyers and sellers right here in Central Coast of California buy and sell their perfect home. 📝 Recently, First American did a report showing that home prices are up by +5.7 percent which would have a negative effect on buyers purchasing power, roughly $21,300, however, Mortgage rates are down .85% which actually means a buyer purchasing power would go up by $40,200. 💵 Also, wages are up by 1.5%. 🤓 So if you take all of these numbers into consideration that means that a buyer's purchasing power is actually up by $24,500. 👏 This is great news, but some people are still feeling a little nervous about buying or selling because of all of the talk of the recession. 💸 While we know that a recession is coming, check out the study from Porch.com which shows that Americans choose Real Estate as the safest investment even over a savings account, gold or stocks and bonds. 🏡 And don’t forget rental prices continue to go up and owning a home has substantial tax benefits, so reach out to us and we’ll help you buy your dream home or sell and get you a new one. 🙋 KIM RENSHAW with the Renshaw Real Estate Group @ Compass… Serving OUR beautiful Central Coast!📲 Shoot me a text… I'm here to help!🌻 Have a great day! 🌻Kim Renshaw | Realtor📞 805-440-9134📧 KimRenshawHomes@gmail.com🖥 KimRenshaw.comLic#1460194Compass #01991628#KimSellsTheCentralCoast#KimRenshaw#CentralCoast#HomeForSale#RealEstate#RenshawRealEstate
Posted by Kim Renshaw – Central Coast Homes on Saturday, January 18, 2020
Home For Sale
- $429,000
- 3 bd
- 2.5 ba
- 1197 sqft
