Volume 33 | March 4th, 2020
Want to buy or sell? Call Brandon today at (707) 616-8752
If you haven't already heard, the Federal Reserve just cut interest rates by a half a percentage point which is the biggest one time cut since the 2008 recession. The reason for this cut is because of the crashing stock market from the Coronavirus scare that has swept across the globe. So if you are looking to buy, and plan on taking advantage of these record low rates, you can thank our newest pandemic. Conversely, if your looking to sell, I would say you should strike while the irons hot because Humboldt is in the unique situation of having extremely low inventory so sellers are getting the price they want. If you already own your house, now would be the time to call your lender to discuss your refinancing options because chances are that the rates wont remain this low for long. If your unsure what all of this information means I would love to explain it in further detail so please feel free to contact me at anytime!

  • New listings spiked up to 54 from last weeks 43

  • Pendings remained steady from 41 to 42.

  • 36 properties closed escrow this week, bumped up from last weeks 24.
Video Showing Highlight of the Week
February Market Report for Eureka
February Market Report for Arcata
Current Interest Rates via Mortgage News Daily
Want more info on the buying or selling process?
If you are considering buying or selling real estate, but don't know where to start, just click the button below which will take you to a ton of info on my website.
The Price of Money

Interested in current interest rates? Please call or visit Humboldt Home Loans for detailed information.

(707) 269-2334 - HumboldtHomeLoans.com

CalBRE - Lic # 01226140 NMLS #294953
Golden State Warriors 2019/2020 Schedule
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Thank you for taking the time to read this. I appreciate your patience as I iron out the wrinkles on the way to an informative and compact weekly report.

I look forward to working with you in the future!
Brandon Brown
RE/MAX Humboldt Realty
2222 Myrtle Ave, Eureka CA 95501
DRE# 02031396

www.BrandonBrownRealtor.com - 707.616.8752 - bbrown@humboldtrealty.com