-Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. They are in the low 3's!

-Locking in at a low rate today could save you THOUSANDS of dollars $$$$$ over the lifetime of your home loan.

Reach out to us at 480-788-4118 to determine the best way to position yourself for a move in today’s market.
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*Connect with us, learn about resource programs for things like down payments, and get pre-approved today. Call, text or DM us 480-788-4118.
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Awni and Chantell Abbas
"AWNTEL"
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118

Can you get the Coronavirus from going in a swimming pool or hot tubs? It's already pool season here in Phoenix Arizona, and many of you are wondering if you can actually catch the Coronavirus disease, aka Covid-19, in swimming pools, hot tubs, or even in artificially made bodies of water. I answer your question here in this short video. During this crisis, it is important that pools and spas be properly maintained because: -The maintenance properly sanitizes swimming pools and other artificial bodies of water to prevent the transmission of infectious diseases and help maintain community health. -Without property pool maintenance (which include circulation and treatment of water) various germs can grow. It can also create a breeding ground for mosquitoes and other pests and the diseases they may carry. This presents a risk not only to bathers but the entire community at large. -Swimming pools, spas or even hot tubs are a fun way for families to focus on their health and well-being. These pools and spas should be properly maintained to ensure proper sanitation measures are taking place. Remember, if you do not know how, YouTube has many tutorial videos on how to maintain your pool, or you can hire a Pool Tech to come out and do it for you. Summertime in Arizona calls for at least once a week in maintaining the chemical treatment in your pool. Winter time is generally twice a month. Also remember, this does not remove the fact that social distancing still is encouraged and should be practiced regularly when you are around others. It’s not the pool water that might expose you to the virus, but maybe the door handles and other objects that people are having a lot of contact with. Be sure to wash your hands frequently. If you are new to our channel, I am a Real Estate Broker here in Arizona, serving the valley for over a decade and a half helping investors, builders, traditional home sellers and buyers. I also do consulting services, if you're looking to learn how to actually invest in real estate and gain wealth through real estate, learn creative strategies like rent to owns/lease option contracts (even if you are not a Realtor which you don't have to be to know how to do this), notes, I can help. Make sure to like this video and Subscribe to learn more winning strategies and stay on top of the real estate housing market. Thanks for watching. Awni and Chantell Abbas "AWNTEL" Realtors specializing in Real Estate Investing Sell • Buy • Invest • Multi-Units 480-788-4118 - ⚠️SUBSCRIBE to our Youtube Channel: https://www.youtube.com/buyandrentaz Hit the BELL icon to turn "ON" your notifications for new weekly videos. We share strategies, Real Estate investing advice, Insider news & current market updates. FOLLOW US on Instagram @awntelrealestate

PSA: Sedona needs your love friends!!! We’ve decided to remain closed until we’ve given 200 hours of community service in helping clean up Oak Creek and Wet Beaver Creek. The #socialdistancing crowds have trashed Sedona in the last two months and it’s actually now becoming dangerous for our community. Diapers, tampons, condoms, toilet paper, broken glass, and rotting food all within 25 feet of the creek.

On this pickup we found the following:
-100+ beer bottles
-70+ beer cans
-9 mini shots
-2 used condoms
-25+ used diapers within 25ft of Oak Creek
-7 pairs of underwear
-4 sandals
-2 sunglasses
-5 hats
-4 doggie bags
-1 folding chair
-10 pairs of socks
-100+ pieces of toilet paper within 15ft of Oak Creek
-6 big gulps
-12 grocery bags
-3 ziplock bags
-1 pizza box
-11 watermelon rinds
-30 Capri Sun straws
-1 Family size unfinished Chipotle order with rotting food within 10ft of Oak Creek
-200+ pieces of shiny sequence floating in Oak Creek

PLEASE, stand up for Sedona this Memorial Weekend, Leave No Trace, and bring a trash bag with you to the water 

(*Copied from another page.)

Thank you ladies for your valued business, it was such a pleasure working with you both! We greatly value your trust and confidence in us and we hope you enjoy every minute of your new
!!

*Don’t put your homeownership plans on hold just because you’re stuck inside.

*There are several things you can do right now to keep your home search moving forward.

*Connect with us, learn about resource programs for things like down payments, and get pre-approved today. Call, text or DM us 480-788-4118.
-
Awni and Chantell Abbas
"AWNTEL"
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118

#realestate #realestate #realtor #realestateinvesting #realestateagent #property #mortgage #realestatemarket #homebuyers #homesearch #housingmarket #realestateexpert #realestateinvestor #sellingahome #homeprices #phoenix #phoenixarizona #phoenixhomesforsale #arizona

Today, according to John Burns Consulting, 58.7% of homes in the U.S. have at least 60% equity. That number is drastically different than it was in 2008 when the housing bubble burst. The last recession was painful, and when prices dipped, many found themselves owing more on their mortgage than what their homes were worth. Homeowners simply walked away at that point. Now, 42.1% of all homes in this country are mortgage-free, meaning they’re owned free and clear.

In addition, the average equity mortgaged homes have today is $177,000. That’s a significant amount that homeowners won’t be stepping away from, even in today’s economy. In essence, the amount of equity homeowners have today positions them to be in a much better place than they were in 2008.

The fear and uncertainty we feel right now are very real, and this is not going to be easy. We can, however, see strength in our current market through homeowner equity that has not been there in the past. That may be a bright spark to help us make it through.

VIDEO HERE: https://youtu.be/wiGCD2H6q0s

What Impact Might COVID-19 Have on Home Values?

A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy.

The price of any item, however, is determined by supply and demand, which is how many items are available in relation to how many consumers want to buy that item.

In residential real estate, the measurement used to decipher that ratio is called months supply of inventory. A normal market would have 6-7 months of inventory. Anything over 7 months would be considered a buyers’ market, with downward pressure on prices. Anything under 6 months would indicate a sellers’ market, which would put upward pressure on prices.

Going into March of this year, the supply stood at 3 months – a strong seller’s market. While buyer demand has decreased rather dramatically during the pandemic, the number of homes on the market has also decreased. The recently released Existing Home Sales Report from the National Association of Realtors (NAR) revealed we currently have 3.4 months of inventory. This means homes should maintain their value during the pandemic.

Even though the economy has been placed on pause, it appears home prices will remain steady throughout the pandemic. We will see. Stay tuned for more updates on the housing market.

VIDEO HERE: https://youtu.be/Mz0OcLtm9ho

Is Phoenix Arizona Reopening its Economy? - Trump's Plan to Open Country. As Covid 19 continues to spread across the US, President Donald Trump has given governors guidance on reopening state economies in the coming months. The administration's 18 page guidance document details three phases to reopen state economies, with each phase lasting, at minimum, 14 days. The guidelines in full can be with the link down below. If you are new to our channel, I am a Real Estate Broker here in Arizona, serving the valley for over a decade and a half helping investors, builders, traditional home sellers and buyers. I also do consulting services, if you're looking to learn how to actually invest in real estate and gain wealth through real estate, learn creative strategies like rent to owns/lease option contracts (even if you are not a Realtor which you don't have to be to know how to do this), notes, I can help. Make sure to like this video and Subscribe to learn more winning strategies and stay on top of the real estate housing market. Our Phoenix housing market has certainly been turning; Current housing market update STATS: Avg sales price is $305,000. Month’s supply is at 2.2. AVG PSF is $182 in the metro Valley. Remember 6 month’s supply is a balanced market, and when we start to hit 7+ months, we will be in a buyer’s market, and that's not happening anytime soon. We would have to see this current trend continue for several months if not longer, in order to even see a balanced market, never mind a buyer’s market. If you want to take advantage of this market, call me or send me a DM. Mortgage interest rates are currently in the low to mid 3's. Encouragement here is to buy and/or if you are a current homeowner, now may be the time to refinance. Recession or not, it’s impossible to time the market, whether for buying stock or buying real estate. The temporary softening of the real estate market will likely be followed by a strong rebound, once the quarantine is lifted. There are 3 key questions about this pandemic which will determine the success or failure of any move back to normality: 1. Does infection by COVID-19 grant any immunity from repeat infection? 2. If so, how strong is that immunity, is it total or partial? 3. How long lasting is that immunity? Despite all the efforts of medical researchers round the world, the answer to all those questions is - we do not know. Link to the 18 page plan: https://assets.documentcloud.org/docu... Thanks for watching. Awni and Chantell Abbas "AWNTEL" Realtors specializing in Real Estate Investing Sell • Buy • Invest • Multi-Units 480-788-4118 - ⚠️SUBSCRIBE to our Youtube Channel: https://www.youtube.com/buyandrentaz Hit the BELL icon to turn "ON" your notifications for new weekly videos. We share strategies, Real Estate investing advice, Insider news & current market updates. FOLLOW US on Instagram @awntelrealestate

• Goldman Sachs – 15%
• Merrill Lynch – 10.6%
• JP Morgan – 8.5%
• Wells Fargo – 7.3%
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