Blog

Economic Optimism Persists

 

August 8, 2020
Good Morning,
 
Signs of economic optimism continued to persist, particularly with respect to the housing market. Realtors are feeling more and more optimistic, buyers still want to buy, and rates remain very favorable. 
 
Record-low interest rates are likely compounding the urgency for buyers that have already been created by interest in housing that better meets their needs in a lockdown environment.
 
Have a great weekend!
 
 
Information + Updates
Did You Know? In these unprecedented times, Compass not only met last year’s first half outstanding revenue figure but we BEAT those figures by 20%. This is a MAJOR ACCOMPLISHMENT. The COMPASS family is certainly keeping up with the APPLE and AMAZON families who also beat expectations……I am super proud to be a Founding Agent of this thriving company. 
 
Did You Know? Cash holdings of U.S. public companies amounted to $2.54 trillion during the latest reported quarter, up from $1.96 trillion at the end of 2019 and $1.86 trillion from the second quarter in 2019. Very soon we should expect to see this cash be put to work. Naturally, greedy large corporations - and real estate investors - are hoping for bigger bargains.., (WSJ) 
 
 
"Hope may be hard to find at a moment of crisis, but it also feels more essential than ever. It’s part of our shared humanity, a source of delight and inspiration, and keeps us focused on a brighter future.” 
– Anna Wintour, Vogue
 
 
"Aspire to be less wrong."
– Elon Musk
 
 
Did You Know? Russia is preparing to start a mass vaccination campaign against the coronavirus in October, according to the government who claim clinical trials of a coronavirus vaccine candidate from the Moscow-based Gamaleya Institute were complete. Moscow has claimed the test results showed an immune response in all subjects, with no side effects or complications.....Russia has released no scientific data as to the safety and effectiveness of its vaccine. (CNBC)………. But do we trust them…...
 
Did You Know? It could be safe for students to return to campus this fall if colleges conduct rapid coronavirus screening every two days, according to a study published Friday. In its biggest coronavirus vaccine deal yet, the U.S. said it will pay Sanofi and GlaxoSmithKline up to $2.1 billion to test and produce 100 million doses of an experimental coronavirus vaccine.
 
Things to Do
Eat Local + Shop Local + Support Local
 
No Festival of the Arts….. No problem, check this out…. In absence of The Festival of the Arts, try this self-guided art tour.
 
 
 
Must Haves
Meet Double M Pottery
 
I don’t know about you but I have loved watching the journey of Mary McDonald turning her hobby into a thriving business. She has nailed the organic and cool factor in her functional beautiful pottery.
I can't get enough of them!!!
 
 
Featured Listing
In Escrow
Just Sold
The Emerald Bay Market
There are currently 7 homes for sale in Emerald Bay ranging from $4,500,000 to $17,995,000. There are 2 properties in escrow.
 

 

Work With Maura

Maura Short is known for her strong work ethic, broad industry know-how, and passion for architecture, in addition to her extensive network, confidentiality, and moral code. Combined with her wide-ranging local expertise, all of these assets result in favorable outcomes for both buyers and sellers under her care.
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