Real Estate Broker Andi Costello joins us on The BOB Happy Hour to discuss real estate in the time of Coronavirus, current market conditions, as well as her transition from residential to commercial real estate.
In this episode:
Home prices are holding strong despite the pandemic and are expected to go up over the next year
If you are considering forbearance on your existing mortgage, use caution when talking to your current mortgage lender about forbearance, even an inquiry could be documented on your profile and reported to the credit agencies.
Consider all your options before you go into forbearance; talk to a real estate or mortgage lending professional first
Residential Real Estate remains a sellers market due to lack of inventory
Challenges bring opportunities; there will be changing dynamics in the economy when we get out of this that could present new opportunities for Real Estate Investing
What we’re drinking: Ascendant Beer Company – Portland, OR Awesome Sauce Hazy IPA, 6.1% ABV, 42 IBU
“Brewed with oats and wheat for a dense and creamy body. Late-boil hop addition and copious dry hopping of Mosaic, Azacca, and Simcoe for a balanced bitterness and dank profile with juicy notes of tangerine and grapefruit.”
Backwoods Brewing – Carson, WA Venture Forth Hazy IPA, 6.7% ABV, 54 IBU
“The use of Citra, Galaxy and Amarillo hops make this hazy a citrus bomb. Notes of passionfruit and grapefruit are followed up by a crisp hop bitterness.”
One Tree Hard Cider – Spokane, WA Snow Globe, 6.8% ABV
“As the snow falls, get your friends AND gather near, We’re bringing back a bottle of cheer! Full of magic and wonder, shake with gentle care, And watch the cider glitter with flair! It’s going to be hard to keep this one on the shelf, Thanks to the help of our little friend, Tipsy the Elf! Put on your GO-TO holiday tunes and pop open the magic, Trust us, One Tree has delivered yet another classic!”
Backwoods Brewing – Carson, WA Drink at Home Saves Lives, 5.6% ABV
“This beer is brewed for the heroes out there doing what they can to slow the spread – even if that’s just cracking a cold one and sedning positive thoughts to the folks fighting COVID-19. Be safe, drink safe and enjoy!”