March 7, 2020
EMERALD BAY DID YOU KNOW? There are 14 homes currently on the market ranging from $3,950,000 to $17,995,000 with 4 properties under contract and 2 sales so far in 2020.
DID YOU KNOW? Softbank CEO Masayoshi Son said his famed $100 billion Vision Fund, known for its investments in Uber, Slack, and Doordash....and Compass, has generated a 16% annualized rate of return. (NY POST)
DID YOU KNOW? The average contract interest rate for 30-year fixed-rate mortgages fell to 3.45% from 3.73% last week. The rate on the 15-year — a popular refinance option — fell to 2.95%, its lowest level since November 2016. That drop caused a 26% surge in weekly refinancing applications. Compared with one year ago, refinance volume was nearly 224% higher.
DID YOU KNOW? If you want to know more about CORONAVIRUS and how to help prevent contracting it, click this link from John Hopkins.