Tag - Moorpark Realtor

The Coronavirus: How it May and Already has Impacted the Housing Market

There has scarcely been an industry that has not been affected by COVID-19 better known as the Coronavirus. This of course includes the real estate industry, which is by definition a business that is intimately connected with the health of the overall economy, and therein may be an indicator of how profoundly COVID-19 will affect the housing market. Where goes the economy so goes the housing market which although not subject to the volatile up and downs of the stock market, is still a part of our financial system.
Specific Effects the Virus may have on the Housing Market
For now the impact of the Coronavirus has not had an effect on the real estate industry. However, that is likely to change as developments around this crisis continue. Here are several ways COVID-19 may ultimately impact buyers and sellers.
• Mortgage rates could fall as a result of Coronavirus. The International Monetary Fund (IMF) has already cut its forecast for global economic growth by 0.1%, despite the impact Coronavirus is having on businesses.
• The outbreak may drive investors into the bond markets, where lower rates are creating more attractive debt/refinance options.
• Some domestic buyers may be dissuaded by rising economic uncertainly in light of the impact the virus is already having on the overall economy. Buyers who can make regular monthly payments are likely to take advantage of falling interest rates to significantly reduce their borrowing costs. This is a benefit they will be able to enjoy long after the virus has receded.
• New home construction in California could slow down even further. The Coronavirus is already disrupting supply chains that the California Building Industry uses to support new home construction. As this disruption continues, the cost of materials may increase or become limited. This may impact the cost of construction and ultimately housing itself.
While it is true that the Coronavirus already is having an impact on the housing market, it is also true that ours is a resilient industry. We have survived many a crisis and have continued to thrive as one of our nation’s most important industries. Thus, if you are looking for a Moorpark realtor we are still able to provide you with many options in a new home. We have Moorpark homes for sale that are still solid investments in a time of uncertainty.

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5 Signs You’ve Found the Right Realtor

Whether you are in the market for your first or fifteenth home, finding the right realtor is a huge key to locating and settling into exactly the place you want. The right realtor can make the entire home buying process – from making negotiations, communicating with the others involved – much easier. So how will you know when you’ve chosen the right realtor to guide you through the all too-real journey of buying a home? Read on to discover how you can tell if the realtor you have chosen will be a help or a hindrance to your home buying efforts.
Agents, Brokers, and Realtors: What’s the Difference?
Real Estate Agent – An agent is a real estate professional who has earned a license to help people buy sell or invest in homes. They must pass their state’s real estate licensing exam before they are able to help the public. Once done, they must align themselves with a real estate brokerage
Broker – This is a real estate agent or realtor who represents sellers or buyers of real estate property. They often work under a licensed broker to represent clients. Additionally, a broker must pass a specific exam to earn certification.
Realtor – A realtor is a licensed real estate salesperson who belongs to the National Association of REALTORS®
Signs You’ve Found the Perfect Real Estate Agent
• The agent you’ve chosen is knowledgeable: This is the primary value that an agent can bring to homebuyers and sellers. They should be familiar with all areas of real estate and be familiar with the market in which you are home shopping.
• Your real estate agent is responsive, available, and communicative: The agent you’ve chosen must be someone who will return your calls and answer any questions you may have. A great agent understands the importance of keeping in contact with his/her client as delays can cause deadlines to be missed, etc.
• They are persistent: A good agent not only knows that real estate is full of setbacks and delays but he or she must also know how to persist in getting the results their clients desire.
• You like being around them: When you engage a real estate agent you are also starting a relationship that may last for some time. Therefore, be sure that you can get along with the person you have chosen to do business with.
• They’re honest with you: Honesty is the best policy when it comes to real estate agent/client interactions. A good real estate agent should be able to give you the harsh truth that what you’re looking for is not available if necessary.
Screening Questions to Ask Real Estate Agents
So how do you find the right agent? One way is to ask questions – plenty of questions, such as:
• How many years have you been in the business?
• Is your real estate license in good standing?
• How many other clients are you working with?
• Have you ever recommended that a buyer not buy a property? Why?
Whether you’re looking for Moorpark homes for sale or searching in some other area of Ventura County, hiring the wrong real estate agent can be disastrous. That is why you should take as much care as possible in choosing the right partner in your search for a home. As the number one Century 21 Small Teams Realtor Nationwide, our team can help you find the home of your dreams and we will strive to make the process as seamless as possible.

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Tips for Visiting Open Houses: Rules Everyone Should Follow

Whether you are a window shopper or a serious potential buyer, open houses present the perfect opportunity to browse the inside of a home that may one day be yours. Moreover, it is the perfect opportunity to get a glimpse at the neighborhood and neighbors who may someday make up the community around you. Finally, they are the perfect chance to gain valuable information on the very practical aspects of purchasing a particular home. So, how do you get the most out of this opportunity? Here is some information about open houses and the etiquette involved in attending one.
What is an Open House?
An open house is an event where potential buyers can tour a home that is on the market. The benefits of these occasions are several: First, potential home buyers don’t have to make a schedule to attend an open house. Second, it gives home shoppers an opportunity to “scout out” the competition. Finally, it gives potential home owners valuable data on a home that appeals to them.
How to Find Open Houses
As already stated earlier, open homes do not have to be scheduled. This makes them very convenient but sometimes tricky to find. However, there are four ways to know when a house is available for viewing:
• Ask your agent
• Use listing websites
• Use social media
• Simply drive around a neighborhood until you find one that appeals to you.

How to Attend an Open House
Once you’ve found a house that appeals to you, here’s what you should do once you decide to look further into what may be your new home one day.
• Kindly wipe your feet before walking in: Remember that you are entering into someone else’s home.
• Register your name when you walk in: This is necessary for the realtor so that he/she can have your contact information and for security purposes.
• Ask questions: Now is the time to speak up so that there are no misunderstandings should you decide to make an offer. Ask probing questions such as – When does the seller want to move? Are there any issues? Have there been any renovations or recent repairs made to the home? What are the HOA restrictions? What are the average utility costs?
• Get in and out efficiently: Be mindful of others who may be there. Open houses are not an invitation to loiter or wander about aimlessly. Also, watch your children if you have them with you.
• Take notes and record a video if you are permitted to do so: You may need to do this if you attend several open houses in a short span of time. This can also be ideal if you are traveling from out of town to help jog your memory later.
My final piece of advice is to try to have fun. Researching houses does not have to be as stressful as some people make it out to be. This is particularly true if you engage the right agent to help you. You can view many Moorpark homes for sale by my team, Tina Hare and Associates, one of the best Moorpark realtors and the number one Century 21 Agent Nationwide for Small Teams!

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Moorpark Highlands: An Overview of Affordable Elegance

As most people know, buying a newer home also means buying into a lifestyle. If buying into a lifestyle of affordable elegance is part of your criteria for buying a home then the Moorpark Highlands is the right place for you. What makes these newer homes in Ventura County, CA so appealing? Let’s take a look at some reasons why choosing to live here could be one of the best decisions you can ever make.

Firstly, The Moorpark Highland communities include:
• Cherry Hill
• Shenandoah
• Pinnacle
• Smart Homes
• Waverly Place

Each of these properties is a component of a complex that is labeled, as the “Highlands.” Each community is conveniently located near businesses, stores and shops. Moorpark Country Club is also nearby with its highly acclaimed 27-hole golf course. Homes in the Moorpark Highlands communities range in size from 1,500 – to over 4,000 square feet.
Amenities

Since most of the homes in these communities are newly constructed, they include a plethora of amenities for people who desire the finer things in life. Some of these amenities include:
• Large lot sizes (in certain communities)
• Amazing views of the surrounding county and communities especially from two story homes.
• Though subject to change, many of the communities have HOA fees that are reasonable
• Laundry rooms are typically included in these newly constructed homes.
• Mammoth Highlands Park! Such a fun, new park for local kids of all ages to come and play; complete with a basketball court, many swings, and different size slides!
• Many of the homes within the Moorpark Highlands have their own community pools.
• The Amtrak/Metrolink station makes access to shops, restaurants, boutiques within reach so that you easily see and be a part of all the area has to offer.
• Excellent schools, friendly neighborhoods with parks and recreational opportunities so that one never feels isolated even within its various gated communities.
• Community activities such as Movies in the Park at the Mammoth Highlands Park! This is a fun way to bring all local families together for a fun night in the park.

As a Moorpark realtor I know how living in the right community plays a vital role in the decision to purchase a home. Moorpark Highlands includes a number of communities that are up and coming and that surrounds its residents with affordable elegance that inhabitants of other communities would envy. Contact me today to visit a home in one of these vibrant communities.

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