Pony 4 Precious: Where Compassion Meets Connection for a Life-Changing Experience

  As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Mike Eastwood Author- Chief Executive Officer of West USA Realty of Prescott states. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The   National Association of Home Builders   (NAHB)   reports : “ Second homes  (i.e., homes sold to buyers who are not going to occupy the home year-round, but  use it as a vacation home , investment property, etc.)  account for 15 percent of new single-family home sales.” It’s not surprising that there’s an increase in demand for vacation homes. The majority of Americans are realizing they prefer to be around small groups, as shown in a recent  survey  from  The Harris Poll : “Social distancing taught consumers new things about how they like to socialize; (75%) said, ‘during COVID social distanci...

  A recent   Survey of Consumer Finances   study released by the   Federal Reserve   reveals the net worth of homeowners is   forty times greater than that of renters . If you’re wondering if homeownership is a good investment. Mike Eastwood Author & Chief Executive Officer of West USA Realty of Prescott states, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment than stocks? In a post on the  Liberty Street Economics  blog, the  Federal Reserve Bank of New York  notes that  93.3% of Americans  believe buying a home is  definitely  or  probably  a better investment than buying stocks. Here’s how the results break down: The survey also shows a wide range of reasons why Americans feel that way (respondents were able to pick more than one answer): Bottom Line The data show how strongly Americans believe in homeownership as an investment. That be...

  There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program states Mike Eastwood Author-Chief Executive Officer of West USA Realty of Prescott. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost 50% Leave Forbearance Already Caught Up on Payments According to the  Mortgage Bankers Association  (MBA),  data  through March 28 show that 48.9% of homeowners who have already left the program were current on their mortgage payments when they exited. 6% made their monthly payments during their forbearance period 7% brought past due payments current 6% paid off their loan in full This doesn’t mean that the over two million still in the plan will exit exactly the same way. It does, however, give us some insight into the possibilities. 2. The Banks Don’t Want the Houses Back...

  A   Fannie Mae   survey   recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market states Mike Eastwood Chief Executive Officer of West USA Realty of Prescott. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a better chance of saving for retirement 87% – the best investment plan 85% – the chance to be better off financially 85% – the chance to build up wealth Additional financial advantages of homeownership included in the survey are having the best overall tax situation and being able to live within your budget. Does homeownership actually give you a better chance to build wealth? No one can question a person’s unique feelings about the importance of homeownership. However, it’s fair to ask if the numbers justify homeownership as a  financial  asset. Last fall, the  Federal Reserve  released the  Surv...

  Last Friday, the  Bureau of Labor Statistics   released a very encouraging   jobs report . The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000 states Mike Eastwood Chief Executive Officer of West USA Realty of Prescott. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The better the economy is doing overall, the better most individuals in the country will do as well. Here’s a look at what four experts told the  Wall Street Journal  after reviewing last week’s report. Michael Feroli,  JPMorgan Chase : “The powerful tailwind of the reopening of economic activity appears to be gathering force; while the level of employment last month was still 8.4 million positions below that which prevailed before the pandemic, it is reasonable to expect that a majority of those lost jobs will be recouped in coming months.” Mike Fratantoni,...