Published August 3, 2020

August 2020

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Written by Guy Blume

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The red hot real estate market is fueled by low mortgage rates and 
unprecedented demand from consumers.

The seasonally-adjusted index measuring signed contracts was up 15.5% year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors.

“We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. “Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”

What will help Seniors on the November Ballot is Proposition 19 which will allow Seniors to downsize from a large home to a smaller home yet keep their low property tax. The "Yes on 19" website is https://www.yeson19.vote/

Need a near interest free loan up to $50,000 to make improvements before selling? We can help! 
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