The Government Has a Plan To Help Out Renters—Will It Be Enough?

The Government Has a Plan To Help Out Renters—Will It Be Enough?

The coronavirus pandemic, and resulting financial crisis, stock market crash, and growing number of layoffs, could make the already serious housing shortage even more severe.

Amid widespread fear and unprecedented measures, including social distancing and “shelter in place” procedures in especially hard-hit cities, nearly 28% of Realtors® are seeing fewer homes on the market as a result of the coronavirus, according to the most recent National Association of Realtors® Flash Survey: Economic Pulse report. And the inventory shortage is growing by the minute as only 10% of Realtors observed fewer listings the week before.

More than 3,000 Realtors participated in the survey conducted on Monday and Tuesday of this week.

“If sellers remove their home from the market, it will continue to plague the historically low inventory conditions that face the country,” says Jessica Lautz, vice president of research at NAR.

Many homeowners are practicing social distancing by taking the “For Sale” signs off their front yards as fears of an economic downturn and having potentially infected strangers tramping through their properties mount. But with the nation already experiencing a lack of inventory, this is likely to make the problem even worse as demand outstrips supply.

About 16% of Realtors saw sellers take their homes off the market due to the coronavirus—compared with only 3% a week earlier, according to the survey.

Sellers who don’t pull their listings are being careful.

Roughly 40% of Realtors are now reporting open houses have been stopped. Twenty-seven percent have seen buyers required to use hand sanitizer when entering a property, while 6% observed buyers being required to use gloves.

“Sellers are ensuring the health and safety of their families and Realtors,” says Lautz.

The fear of the virus and what could be a looming recession isn’t just confined to sellers. Nearly half of Realtors, 48%, say buyer interest has dropped because of the coronavirus fears. That’s a significant hike from 16% the previous week.

In areas with more confirmed cases of COV-19, 53% of Realtors said interest had waned, the survey found.

That’s likely because many potential buyers are worried about the security of their jobs. Some don’t want to make what could be the largest purchase of their lives and be tied to 30 years of loan payments if they don’t have steady income coming in.

About 28% of Realtors reported buyers lost confidence in the housing market after the stock market crash. But ultralow mortgage rates, which reduce monthly mortgage payments, are helping to offset the financial fears. Another 28% of Realtors said the low mortgage rates excited buyers more than all of the bad economic news.

“Buyer activity has slowed currently while buyers are listening to precautions of how to stay healthy,” says Lautz. But she’s optimistic that buyers will return to the market once the crisis has passed.

“Buyer activity will rebound after the quarantine is lifted, as buyers will be attracted to low interest rates,” she explains.

Clare Trapasso is the senior news editor of realtor.com and an adjunct journalism professor at St. John’s University. She previously wrote for a Financial Times publication, the New York Daily News, and the Associated Press. She is also a licensed real estate agent with R New York. Contact her at clare.trapasso@realtor.com.

By Clare Trapasso | Mar 19, 2020

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Take Advantage of Free Disinfectants: How To Fill Your Home With Sunlight and Fresh Air

Take Advantage of Free Disinfectants: How To Fill Your Home With Sunlight and Fresh Air

Take a deep breath. Is the air inside your home stuffy? Don’t delay: Open a window and let fresh air and sunlight into your quarantined space. It won’t just help make your place smell better and feel fresher, it can also make your home healthier. And it may just help elevate your mood in these stressful times.

With a pandemic raging, the Centers for Disease Control recommends all households “increase ventilation by opening windows or adjusting air conditioning.” This call for fresh air is in addition to regular disinfecting and best hygiene practices to blunt the spike of COVID-19 cases.

Sunlight plus a cool breeze to assist in the fight against infection isn’t a new idea. There’s a history of fresh air and sunlight being used to control the spread of disease.

During the 1918 flu pandemic, “open air” treatments were used to treat sick soldiers and sailors, according to public health expert Richard Hobday. It remained a popular therapeutic method to treat infection through the 1950s.

In a recent article, Hobday explains the lessons learned from the 1918 flu outbreak: Over a century ago, medical officers discovered a “combination of fresh air and sunlight sees to have prevented deaths among patients; and infections among medical staff.” Hobday cites a report that indicates open-air treatment during the 1918 pandemic reduced deaths in hospitals from about 40% to about 13%.

In 2018, researchers led by Dr. Ashkan Fahimipour published findings in the Microbiome Journal that show sunlight does help kill bacteria in household dust. However, the doctor cautions there isn’t direct evidence sunlight is an effective deterrent for the spread of COVID-19.

“We do have scientific evidence that sunlight inactivates some microorganisms, including viruses,” says Fahimipour. “However, to my knowledge, data on the effects of sunlight on COVID-19 do not exist. That said, sunlight is a ‘free’ potential infection control measure that is easy to implement and unlikely to contribute deleterious effects—with emphasis on potential.”

So if the sun’s rays and fresh air are an easy way to boost the overall health of your living space, we wanted to focus on that crucial potential for beneficial effects  We spoke with a few pros for tips on how to maximize airflow and sunlight in your home.

Open your windows, even if you have to adjust the thermostat

Whether you’re in a part of the country in the full throes of spring or still dealing with a deep freeze, think about opening your windows for fresh air and adjusting the thermostat to compensate. And yes, we know it’s expensive to run the heater with windows open, but letting the air circulate for a few hours a day can help improve the atmosphere inside your home.

Jeff Scroggins runs Creative Design Group, a design firm focused on high-end homes in Colorado’s ski resort towns. Even in the often-frigid Rockies, where air conditioning isn’t a standard feature, Scroggins says he has plenty of clients who crack open their windows year-round just for airflow. Even when temperatures dip below freezing, fresh air can offer benefits.

If you have outdoor space, use it

If you’re lucky enough to be quarantined at home and have a backyard, use that space for dining alfresco, grilling, or even an impromptu picnic.

And your backyard doesn’t need to be designed to the nines to enjoy it. Make the most of what you have right now.

“Pretend you are in a luxurious resort, and start your day by experiencing that first cup of coffee outside, listening to the birds,” suggests Susan Solliday, president of the Arizona North Chapter of American Society of Interior Designers. “Pull out chairs and tables suitable for outside, and place them in great morning spots.”

No yard? No problem. Designer and real estate agent James Judge says even the smallest outdoor spaces can be transformed into an inviting hangout spot.

“It can be as simple as a yoga mat on the patio or a cute bistro set that you order online,” Judge says. “An indoor and outdoor throw pillow can brighten up a space, too.”

Ditch heavy drapery for sheer curtains

Judge also recommends sheer curtains to lighten up your space. Now is not the time to live out your vampire fantasies—so consider replacing heavy drapes or thick fabric curtains to allow sunlight to stream in.

“With sheers you can still achieve privacy, but they are a great way to get natural light in, too,” says Judge.

There are several options for blinds and shades, like solar shades, which are designed to maximize natural light while cutting down on glare and blocking harmful UV, which could damage furniture or other valuables.

Blinds with larger slats let in the most light, but offer less privacy than those with smaller slats, which is important to consider for windows facing the street.

How you approach letting sunlight and fresh air in to your shelter-in-place lifestyle will be personal. It depends on your home, your climate, and your health. Whatever your situation, try to make every effort to keep your surroundings as healthy as possible. Opening a window is free, easy, and proven to boost your health. And that’s something we can all use right now.

By Becky Bracken | Mar 27, 2020

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Mortgage Applications Drop as Coronavirus Infects the Housing Market

Mortgage Applications Drop as Coronavirus Infects the Housing Market

My 2 cents – these Bear Markets can be frightening.  But I’m not scared.  Real Estate is one of the most crucial investments of your life and time and time again Real Estate recovers and maintains its vaule.  Will it dip?  Of course it will.  The Real Estate Market like the Stock Market is a direct reflection of the people’s collective reaction.  So this slow down is not a surprise, people are sheltering in place and scared to act. 

Let me leave you with this, Uncle Warren Buffett who owns BHHS – he always buys in a Bear Market.  So don’t be scared.  If buying a home was your goal this year, if you still have your downpayment safe in your saving account – interest rates are low, if you’re still employed you’ll get a loan! If you want to buy, go for it.  We Realtors can make things happen virtually and online while maintaining safety and obeying the shelter in place. 

Even if you already own your home, values doesn’t matter if they go up and down until you actually sell.  So stay in place, maybe even work on the house and hang tight. 

Now for the article…

The U.S. housing market is showing signs of being infected by the coronavirus. With more Americans testing positive for COVID-19, the economy crashing, and increasing numbers of shuttered businesses and layoffs, fewer folks are seeking mortgages to purchase homes during this crisis.

The number of home buyers seeking mortgages dropped significantly in the week ending March 20, according to a weekly survey from the Mortgage Bankers Association. Weekly purchase applications fell 14.2% compared with the previous week—and was down 11.2% from the prior year, according to the nonseasonally adjusted numbers.

The survey spans more than 75% of U.S. residential mortgage applications.

This was the first year-over-year decline in home purchase applications in more than three months. The average loan size for home purchases was $336,000.

“Home purchase applications were notably impacted by rising rates and the widespread economic disruption and uncertainty over household employment and incomes,” Joel Kan, associate vice president of economic and industry forecasting for the association, said in a statement.

The number of buyers seeking mortgages plummeted the most in the states hardest-hit by COVID-19. In New York, the epicenter of the pandemic in the U.S., purchase applications fell 35% in the seven days ending March 20 compared with the prior week. And they were down 24% in the week ending March 13 from the previous week.

Weekly purchase applications fell 23% in California and 17% in Washington state in the week ending March 20 compared with the prior seven days.

“Potential home buyers might continue to hold off on buying until there is a slowdown in the spread of the coronavirus and more clarity on the economic outlook,” Kan said.

Overall, the number of mortgage applications fell 29% compared with the prior week. Weekly refinance applications were down 33.8% but were still up 195% from the same week a year earlier.

Refinances spiked at the beginning of the month, when mortgage interest rates fell to historic lows, reaching a low of 3.13% on March 2 for 30-year fixed-rate loans, according to Mortgage News Daily. Homeowners rushed in to refinance their existing home loans in an effort to pare down their mortgage payments by as much as a few hundred dollars a month and tens of thousands of dollars over the life of their loan. The exact amount varied considerably depending on the rate they received and size of their loans.

Mortgage rates have since fluctuated wildly, reaching 4.15% on March 19 before going back down to 3.5% as of Tuesday, according to Mortgage News Daily. And that’s led to a drop in refinance applications as refinancing isn’t as profitable as it was for homeowners when rates reached new lows.

Clare Trapasso is the senior news editor of realtor.com and an adjunct journalism professor at St. John’s University. She previously wrote for a Financial Times publication, the New York Daily News, and the Associated Press. She is also a licensed real estate agent with R New York. Contact her at clare.trapasso@realtor.com.

By Clare Trapasso | Mar 25, 2020

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Recession Alert: What Home Buyers and Sellers Need To Know About the Housing Market

Recession Alert: What Home Buyers and Sellers Need To Know About the Housing Market

Last year, there were fears that a trade war with China or the fallout from Brexit could torpedo the strong U.S. economy. Instead, it was the unforeseen force of COVID-19, caused by a new strain of coronavirus, that has led the president of the United States to declare a national emergency and made a global recession seem all too possible.

As flights are canceled, school suspended, and professional sports put on ice around the world amid the deadly pandemic, an economic slowdown appears inevitable. That’s terrifying to those whose memories of the Great Recession are still fresh, but many housing and financial experts believe this looming downturn—which may not even devolve into a full-blown recession—may not be as painful as the last.

“I don’t expect the slowdown to be like the last recession where prices fell,” says realtor.com® Chief Economist Danielle Hale. “There are more than enough buyers out there to keep home sales from slowing in any major way.”

While it doesn’t look like it will be business as usual anytime soon, home prices aren’t expected to fall off a cliff and low mortgage rates may help buoy home sales. At least that’s what experts are saying this week. But this is a fast-moving, unprecedented crisis, and no one knows yet how it will all play out.

“The next eight weeks are critical. We will learn, and we will turn a corner on this virus,” President Donald Trump said in a press conference on March 13, as he announced the national emergency. During his appearance, the stock market went up more than 9%. “We will get through this altogether.”

While there will likely be layoffs, many economists don’t expect them to be widespread, but rather concentrated in industries such as tourism and hospitality. If employment stays high, most folks will be able to make their monthly mortgage payments and hold on to their homes. Subprime loans, which helped to tank the economy in the past decade, have largely ceased to exist today, as credit requirements for loans got much stricter after the housing bust. Plus, home prices have risen so much in the past few years that most owners have substantial equity in their properties. So they’re much less likely to find themselves underwater on their mortgages.

“It will be different than the Great Recession. Things unraveled pretty quickly, and then the recovery was pretty slow,” says Hale. “I would expect this to be milder. There’s no dysfunction in the banking system, we don’t have [many] households who are overleveraged [with their mortgage payments] and are potentially in trouble.”

Will home sales and prices go down?

If folks are worried about their jobs, and being able to pay their bills, they’re less likely to want to buy a home. Ditto if they’re nearing retirement and the stock market volatility wiped out a big chunk of their 401(k) accounts.

But that caution is likely to be at least partly offset by some of the lowest mortgage interest rates in nearly 50 years. They were just 3.36% for a 30-year fixed-rate mortgage as of Thursday, according to Freddie Mac.

“I don’t know which force will be greater: the negative impact of job cuts, if that was to occur, or the positive influence of low mortgage rates,” says National Association of Realtors® Chief Economist Lawrence Yun.

Most housing economists don’t expect housing prices to fall, since we’re still seeing a housing shortage. There aren’t enough existing homes or new construction to satisfy the high demand from buyers, many of whom have been looking for a home for a while and perhaps have lost bidding wars. After all, the life changes that lead people to buy a home are still ongoing: expanding a family or having kids leave the nest, or relocating for a new job.

Also, sellers will likely be reluctant to accept less than they would have just a few weeks or months ago. Those not in a hurry to sell may simply pull their abodes off the market and wait for prices to rebound.

As for current homeowners who might find themselves in financial straits if they lose their job, lenders may offer forbearance and payment deferral programs to help them stave off a short sale or foreclosure, says Mark Zandi, chief economist at Moody’s Analytics.

“They’ll be very understanding,” Zandi says of lenders, particularly of government-sponsored loans through Fannie Mae and Freddie Mac, and Federal Housing Administration loans. “Especially in an election year, I don’t think there’s [much of a] chance they’ll take a hard line.”

What real estate markets could be hurt the most by a downturn?

The markets that are most likely to be affected by a downturn, at least initially, are those that rely heavily on travel, tourism, and hospitality. Manufacturing sectors that rely on a global supply chain that’s been disrupted by the virus could also take a hit.

With conferences and conventions being canceled at a rapid clip, places such as Las Vegas could feel the economic toll. Similarly, tourist hot spots like Orlando, FL, home to Disney World, Universal Orlando, and SeaWorld theme parks, which have all announced closures, could also feel the pain.

Their saving grace could be the retirees moving in to those communities, says NAR’s Yun. That demand could keep prices stable—and therefore sellers happy.

“Those [type of] markets are worth watching,” says Yun.

Booming markets that grew very quickly with big price gains could also experience a bit of a slowdown. Metro areas like Denver, Salt Lake City, and Boise, ID, could potentially be affected, says Moody’s Zandi. These markets, which have growing tech scenes, have become popular with retirees and priced-out folks from California in recent years.

“You might see some price declines in the Western markets that got very juiced up, very speculative,” he says.

Zandi thinks those real estate markets could rebound fast—maybe within a quarter or two, or as soon as the economy improves.

The luxury market could have a harder time. A multimillion-dollar home isn’t exactly a necessity, and they typically take longer to sell in normal times. And those who have enough money to buy high-end real estate often have quite a bit of money in the stock market, which has been on a wild ride lately, making them less likely to want to commit to another pricey property. Even luxury rentals, which is where builders have been focusing in recent years, may end up sitting empty.

“Prices are going to come down,” says Zandi. “In a recession, people will look for the best bargain. They’re not going to look for the luxury, high-end home. … They’re going to look for the ‘give me what I need at a good price.’”

By Clare Trapasso | Mar 13, 2020

Clare Trapasso is the senior news editor of realtor.com and an adjunct journalism professor at St. John’s University. She previously wrote for a Financial Times publication, the New York Daily News, and the Associated Press. She is also a licensed real estate agent with R New York. Contact her at clare.trapasso@realtor.com

I read this article HERE.

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

NO FOOLING – Forgivable Small Business Loans to Bring Relief

Forgivable Small Business Loans to Bring Relief

The U.S. Small Business Administration is gearing up for what’s being called an “unprecedented” level of funding soon to be available under the new Paycheck Protection Program.

Sole proprietors, independent contractors, gig economy workers, and self-employed individuals who are struggling to pay their bills due to the shutdowns and stay-in-place orders aimed at curbing the spread of the coronavirus are all eligible for a small-business loan. The $350 billion program is part of the $2 trillion economic stimulus package passed by Congress last week and signed into law by President Donald Trump on Friday. However, it is still unclear when the program will begin accepting applications.

“We haven’t seen this level of funding and money being pushed out of the SBA in such an extremely narrow window of time. It’s going to be difficult logistically,” said David Pommerehn, Consumer Bankers Association general counsel, in a Politico article. “The industry as a whole, including the SBA and partner lenders, really needs to work very tightly to make sure as much goes out as possible, as quickly as possible.”

Small businesses and independently owned franchises that are approved by the SBA and that employ 500 employees or fewer can qualify. The amount any small business is eligible to borrow is 250% of their average monthly payroll expenses (with individual salaries capped at $100,000 per year), up to a total of $10 million. The amount of the loan is intended to cover eight weeks of payroll expenses and any additional amounts for making payments towards debt obligations. The eight-week period may be applied to any time frame between Feb. 15, 2020 and June 30, 2020.

The goal of the program is to help business owners retain their employees at their current base pay. If all employees are retained and the business maintains at least 75% of their average salary levels during the 8-weeks, the entirety of the loan will be forgiven. If any employees are laid off or salary levels go below 75%, the forgiveness will be reduced by the percent decrease in the number of employees.

The Economic Injury Disaster Loan program will also offer up to $2 million for working capital costs, with a possible $10,000 advance grant that will be forgiven if applied to a permissible use, including payroll, paid time off, mortgage, rent, utilities, and debts from prior to Feb. 15, 2020. If the loan is used for other purposes, the borrower will have 30 years to pay it off at an interest rate of no more than 3.75%, with the first month’s payment deferred a full year from the date of the promissory note. 

Business owners can get both loans, but they cannot use them for the same purposes. In addition, if the borrower receives a $10,000 EIDL advance grant and PPP loan, the advance grant will not be forgiven. 

For more information, visit the National Association of REALTORS®’ coronavirus advocacy frequently asked questions page and click on “Independent Contractor/Small Business Concerns.”

Source: “Banks press administration to unleash $350B in small business loans,” Politico (March 31, 2020)

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Stay Safe – Stay Home – Stay Sane – some tips to get through this Shelter in Place

Hi Caton Team Friends,

I know I’m getting stir crazy and I am sure you are too!  A friend sent this and I thought I would share – some good tips to get through this – together.

Keep a schedule. Treat working from home just like working at work: Decide what time you’re going to start working, when your lunch break is, and what time you clock out. Designate an area as your “office” and try to only be there when you’re working. If you treat work too loosely, you can lose whole days to unproductivity — or never stop working. Having a schedule will also help kids who are used to the structure of school.

Stay aware of time outside of a work environment, too. During isolation, it can be easy to oversleep or stay up too late, which can be bad for mental health. Keep setting alarms and stick to a general bedtime if you can.

Practice self-care. Social isolation can be mentally and emotionally draining, and staying at home certainly isn’t great for your physical health, which is why it’s more important than ever to practice self-care. If you’re anxious about the state of the world or the health of your family and friends, this might be a good time to pick up journaling, start meditating, or even connect with a therapist who can meet with you online. If the constant influx of news is stressing you out, grant yourself permission to only check the news at certain times of day.

If your lifestyle is feeling a little more sedentary than normal, you might consider picking up an at-home exercise app or adding bike rides to your routine. If you can get outside to get some fresh air and sunshine without putting yourself into a crowded place, try to do so every day.

Stay social. Just because you can’t go get coffee with a friend or throw a dinner party doesn’t mean you can’t still be social! This is a great time to bring back the good old fashioned phone call — or get a little more personal with video chatting via Facetime or Google Hangouts. Have a virtual coffee date from the comfort of your own home, or play board games online. Settling in for some Netflix? Download the Netflix Party browser extension to watch TV shows and movies in real time with your friends.

Take action. If you’re feeling helpless, you’re not alone. But there are ways you can help without leaving the house! Donate to nonprofits that are struggling, buy gift cards to support businesses that are suffering without in-person shoppers, see if your local hospital is accepting homemade fabric masks, or offer to grocery shop for an elderly or immunocompromised neighbor.

Dealing with social distancing can be difficult, but we’re all facing it together! That means there are plenty of resources being circulated to help everyone handle this changing landscape. By taking these tips to heart, you can give yourself a solid foundation to get through whatever you’re facing and come out the other side stronger.

If you have any Real Estate related questions, please text, email, or call us. We’re here to help!

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Links for Resources – Covid 19

Hi Caton Team Friends,

I’ll be sharing links here to resources and info during our Covid-19 Situation.

COVID-19 – GOODWILL OFFERS and RESOURCES FOR SMALL BUSINESS

Government assistance resources for small businesses impacted by COVID-19

Coronavirus Aid Relief & Economic Security (CARES) Act

I will be refreshing THIS PAGE with Covid Links if you want to follow.

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.