blakelights

[blakelights]

National Homeownership Month is a great time to reflect on how we can each promote stronger community growth. Homeownership helps families build financial freedom, find greater happiness and satisfaction, and make a positive impact on our local communities. DM me today if homeownership is part of your future plans. #Homeownership #community #inspiration #motivation #mindset #inspiredaily #dreamhome #homesweethome #mindset #inspiredaily #dream #hustle #realestatetips #realestatestats #realestateinfo #keepingcurrentmatters #utahrealestate #utahrealtor #utah #blakeedwardsrealestate #itmatterswhoyouworkwith🏡🔑 https://www.instagram.com/p/CBDin0NBtiS/?igshid=iyg5ucn46kyg

[blakelights]

Give your home some love this summer. Here are a few tips to make your home look great all summer long. #blakeedwardsrealestate #itmatterswhoyouworkwith🏡🔑 #summer #housingtips #summerdecor #utahrealestate #utahrealtor #utah #ilovewhatido♥️ https://www.instagram.com/p/CBBzXknB067/?igshid=j1vmgzod4siy

[blakelights]

Tomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe unemployment could be greater than 20%. These numbers represent families across the nation that are not sure when (or if) they will return to work. The emotional impact on these households is devastating. There are, however, some small rays of light shining through on this issue. Here are three: 1. The actual number of unemployed is less than many are reporting. It is true that, over the last ten weeks, over 40.7 million people have applied for unemployment. It is also true, however, that many of those people have already returned to work or gotten a new job. The actual number of people currently unemployed is 21.1 million. This is still a horrible number, but about half of what is often being reported. 2. Of those still unemployed, most are temporary layoffs. A recent survey by the Federal Reserve Bank showed that employers believe over 75% of job losses are temporary layoffs and furloughs. This means 3 out of 4 people should be returning to work as the economy continues to recover. 3. Those on unemployment are receiving assistance. According to a recent study from the Becker Friedman Institute for Economics at the University of Chicago, 68% of those who are eligible for unemployment insurance receive benefits that exceed lost earnings, with 20% receiving benefits at least twice as large as their lost earnings. Tomorrow’s report will be difficult to digest. However, as the nation continues to reopen, many of those families who are impacted will be able to return to work. DM me if you have questions about how unemployment rates can impact our local housing market. #Unemployment #realestate #realestatenews #realestateagent #realestateexpert #realestateagency #realestateadvice #realestateblog #realestatemarket #realestateexperts #realestateagents #instarealestate #instarealtor #realestatetipsoftheday #realestatetipsandadvice #keepingcurrentmatters #utahrealestate #utahrealtor #blakeedwardsrealestate #utah #itmatterswhoyouworkwith🏡🔑 https://www.instagram.com/p/CBBAhFcBoOv/?igshid=1qdaj561zakhg

[blakelights]

As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come. Making our way through the month of June and entering the second half of the year, we face an undersupply of homes on the market. Keep in mind, this undersupply is going to vary by location and by price point. According to the National Association of Realtors (NAR), across the country, we currently have a 4.1 months supply of homes on the market. Historically, 6 months of supply is considered a balanced market. Anything over 6 months is a buyer’s market, meaning prices will depreciate. Anything below 6 months is a seller’s market, where prices appreciate. Given the undersupply of homes on the market today, there is upward pressure on prices. Looking at simple economics, when there is less of an item for sale and the demand is high, consumers are willing to pay more for that item. The undersupply is also prompting bidding wars, which can drive price points higher in the home sale process. In addition, experts forecasting home prices have updated their projections given the impact of the pandemic. The major institutions expect home prices to appreciate through 2022. As the year progresses, we may see these projections revised in a continued upward trend, given the lack of homes on the market. This could drive home prices even higher. Many may think home prices will depreciate due to the economic slowdown from the coronavirus, but experts disagree. As we approach the second half of this year, we may actually see home prices rise even higher given the lack of homes for sale. DM me to talk about how this could influence your position in our local housing market. #realestate #supplyanddemand #homeownership #homebuying #realestateexpert #realestateagency #realestateadvice #realestateblog #realestatemarket #realestateexperts #realestateagents #instarealestate #instarealtor #realestatetipsoftheday #keepingcurrentmatters #utahrealestate #utahrealtor #utah https://www.instagram.com/p/CA7_G_nhbZ0/?igshid=b8su1byemahu

[blakelights]

June is National Homeownership Month, and it’s a great time to reflect on the benefits of owning your own home. From the satisfaction you get in crafting and designing your own space to the financial benefits of equity and appreciation, homeownership is a clear win. In addition, it's a local economic driver, allowing you to give back to your community through housing-related spending and more. If owning a home is part of your dream, DM me today so you can begin the homebuying process. #Nationalhomeownershipmonth #NAR #firsttimehomebuyer #opportunity #housingmarket #househunting #makememove #homegoals #houseshopping #housegoals #locationlocationlocation #newlisting #homeforsale #renovated #starterhome #dreamhome #curbappeal #keepingcurrentmatters #utahrealestate #utahrealtor #utah #blakeedwardsrealestate https://www.instagram.com/p/CA5awqEhW56/?igshid=5m050v010tlr

[blakelights]

You really can fit a lot into small spaces and make it work! This roll out shelf can be pulled out for ironing and folding, and then rolled back when not in use. https://www.instagram.com/p/CA0Rnt5h2es/?igshid=xtekqycdyyyh

[blakelights]

According to Robert Dietz, Chief Economist, NAHB: “As the economy begins a recovery later in 2020, we expect housing to play a leading role. Housing enters this recession underbuilt, not overbuilt…Based on demographics and current vacancy rates, the U.S. may have a housing deficit of up to one million units.” Experts feel the strength of the housing market before the COVID-19 crisis began is the same strength the economy will be able to lean on as it begins to recover. DM me to plan your next move in our local market. #economicrecovery #realestate #realestategoals #realestatetips #realestatenews #realestateagent #realestateexpert #realestateagency #realestateadvice #realestatemarket #realestateexperts #realestateagents #instarealtor #realestatetipsandadvice #keepingcurrentmatters #utahrealestate #utahrealtor #utah #blakeedwardsrealestate #itmatterswhoyouworkwith🏡🔑 #ilovewhatido♥️ https://www.instagram.com/p/CAyMCnPh-dC/?igshid=vwi3446npwck

[blakelights]

View this post on Instagram

A post shared by Blake Edwards (@m_blake_realestate)

Selling your house isn’t something you want to DIY. Having a true professional in your corner makes the process easier, safer, and more rewarding. DM me so we can get you on the right track to a successful sale this summer. #sellyourhouse #realestate #homeownership #realestategoals #realestatetips #realestatelife #realestateagent #realestateexpert #realestateagency #realestateadvice #realestatemarket #realestateexperts #realestatetipsandadvice #keepingcurrentmatters #buying #selling #investment #homes #utahrealestate #utahrealtor #utah #blakeedwardsrealestate #itmatterswhoyouworkwith🏡🔑 https://www.instagram.com/p/CAyBYgrgR1g/?igshid=13e43g81runaf

[blakelights]

View this post on Instagram

A post shared by Blake Edwards (@m_blake_realestate)

Virtual tours are changing the game for the real estate market this year. Let’s connect to make sure you’re ready to navigate the digital side of the homebuying process in 2020. #blakeedwardsrealestate #itmatterswhoyouworkwith🏡🔑 #buying #selling #investment Realestate UtahRealEstate #utah realtor #utah https://www.instagram.com/p/CAxycoPgLuM/?igshid=1rx2ymrt5wnzf

[blakelights]

June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re in a position to buy, homeownership might help you find the stability, community, and comfort you’ve been searching for this year. DM me today to determine if homeownership is the right next step for you and your family. #nationalhomeownershipmonth #homegoals #houseshopping #housegoals #investmentproperty #emptynest #downsizing #locationlocationlocation #newlisting #homeforsale #renovated #starterhome #dreamhome #curbappeal #keepingcurrentmatters #utahrealestate #utahrealtor #utah #blakeedwardsrealestate https://www.instagram.com/p/CAxe87RhWWJ/?igshid=191c1rij3a2qi

[blakelights]

Taxes don't have to be scary. I can sell your house and save you money at the same time! Send me a message to get started today. #houseexpert #tax #thehelpfulagent #save #themoreyouknow #listreports #realestate #realestateagent #buying #selling #investments #blakeedwardsrealestate #utahrealestate #utahrealtor #utah #itmatterwhoyouworkwith🏡 https://www.instagram.com/p/CAu0y97Bnpp/?igshid=nvjmewuzlu95

[blakelights]

With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a rebound will play out, expert economists around the country are becoming more aligned on when the recovery will begin. According to the latest Wall Street Journal Economic Forecasting Survey, which polls more than 60 economists on a monthly basis, 85.3% believe a recovery will begin in the second half of 2020. In addition, five of the major financial institutions are also forecasting positive GDP in the second half of the year. Today, four of the five expect a recovery to begin in the third quarter of 2020, and all five agree a recovery should start by the fourth quarter. The vast majority of economists, analysts, and financial institutions are in unison, indicating an economic recovery should begin in the second half of 2020. Agreement among these leading experts is stronger than ever. DM me so we can talk about how this will reflect in our local housing market. #expertanswers #stayinformed #staycurrent #powerfuldecisions #confidentdecisions #realestate #homevalues #homeownership #homebuying #realestategoals #realestatetips #realestatelife #realestatenews #realestateagent #realestateexpert #realestateagency #realestateadvice #realestateblog #realestatemarket #realestateexperts #instarealestate #instarealtor #realestatetipsoftheday #realestatetipsandadvice #utahrealestate #utahrealtor #blakeedwardsrealestate #utah https://www.instagram.com/p/CAuzWSChUtd/?igshid=u42exujpjhon

[blakelights]

If you're on the fence or are unsure about current market conditions, I can help you decide if buying a home is the right choice for you. Send me a message - I'm here to help. #thehelpfulagent #buynow #houseexpert #home #buying #selling #utahrealestate #utahrealtor #ilovewhatido #itmatterswhoyouworkwith #realtyonegroup #blakeedwardsrealestate #househunting #realestate #realestateagent #wealth #finances https://www.instagram.com/p/CAtFx6cBC7M/?igshid=fa30hoqou8nb

[blakelights]

A few days late, but I want to give a huge congrats to my SELLERS and my BUYERS ON THE Sell and the Buy of this cute home! It’s always an absolute pleasure being able to help my clients make their Home Ownership a Reality! If you are in the market to buy of sell, give me a call or shoot me a message! Always happy to help! #blakeedwardsrealestate #itmatterswhoyouworkwith🏡🔑 #ilovewhatido #buying #selling #investment #invest #realestate #utahrealestate #utahrealtor #utah #realtor #representingbothsides #realtyone #westvalleycity #homes https://www.instagram.com/p/CAsomtNhXq-/?igshid=1b1hfzx02cacj

[blakelights]

With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate. According to Mortgage Bankers Association Economist Joel Kan, “Applications for home purchases continue to recover from April’s sizable drop and have now increased for five consecutive weeks.” Additionally, according to Google Trends, more potential homebuyers are looking for homes virtually. What’s the opportunity for buyers? Historically low mortgage rates. With mortgage rates at such low levels and states gradually beginning to reopen, there’s more incentive than ever to buy a home this summer. What’s the opportunity for sellers? Finding a home to buy is still a challenge, as this spring sellers removed many listings from the market. Though more people are now putting their houses up for sale this month as compared to last month, current inventory is still well below last year’s level. Buyers are looking, and your house may be at the top of their list. If you’re thinking of buying or selling, this summer may be the perfect time. DM me so we can make sure you’re ready to get in on the action. #firsttimehomebuyer #opportunity #housingmarket #househunting #makememove #homegoals #sellyourhouse #moveuphome #dreamhome #realestate #homeownership #realestategoals #realestatetips #mortgagebankersassociation #keepingcurrentmatters #utahrealestate #utahrealtor #blakeedwardsrealestate #utah https://www.instagram.com/p/CAsS84IhrSz/?igshid=1chk1quslmf6

[blakelights]

In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer on your dream home without paying too much or offending the seller with a low-ball offer. We are, however, in anything but a normal market right now. Today, the average guide just won’t do. You need a Sherpa. You need an expert who understands how COVID-19 is impacting the thoughts and actions of the consumer (ex: virtual showings, proper safety protocols, e-signing documents). You need someone who can simply and effectively explain the changes in today’s process to you and your family. You need an expert who will guarantee you make the right decision, especially in these challenging times. Hiring an agent who understands how the pandemic is reshaping the real estate processes is crucial right now. DM me today to guarantee your journey is a safe and successful one. #stayinformed #staycurrent #powerfuldecisions #confidentdecisions #realestate #homevalues #homeownership #homebuying #realestategoals #realestatetips #realestatelife #realestatenews #realestateagent #realestateexpert #keepingcurrentmatters #utahrealestate #utahrealtor #utah https://www.instagram.com/p/CAp1zD0B6Mz/?igshid=1tssrojgdktlx

[blakelights]

We remember, today and always. #memorialday #allgavesome #somegaveall #honor #remember #servicemenandwomen #blakeedwardsrealestate #utahrealestate #utahrealtor #utah https://www.instagram.com/p/CAnWisSB-ZJ/?igshid=pgt1rf2h0vpj