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While the current health crisis is unprecedented, the housing market is surprisingly predictable. Research shows that over the past 40 years, the U.S. housing industry — and home prices — have been fairly resistant to recessions caused by everything from world wars to natural disasters. If you’re feeling a little anxious about the state of real estate, here are some things to keep in mind.

1. Single-Family Homes Are Always on the Rise

According to the Federal Housing Finance Agency (FHFA) House Price Index (HPI), single-family home prices typically rise an average of 7.4% leading up to a recession and continue to rise by an average 2.7% during an economic downturn. The o...

“As we work to combat the spread of COVID-19, access to resources that can help support families and businesses in this time of need is critical. We’re calling on Arizonans to be informed, get engaged, and support organizations doing important work to keep our communities safe and healthy. Arizona will get through this together.”

- Doug Ducey, Governor of Arizona

#AZTogether

https://www.saveourhomeaz.gov/RA/

https://arizonatogether.org/

https://www.azcentral.com/story/money/business/energy/2020/03/16/coronavirus-wont-disrupt-power-water-service-arizona-utilities-say/5059102002/

https://www.azfamily.com/news/continuing_coverage/coronavirus_coverage/arizona-businesses-that-ar...

HOW CAN YOU AVOID MAKING THEM?

1. 
   

   LOOK AT COST ONLY: DON'T JUST LOOK AT THE COST OF THE INSURANCE POLICY. IN MOST CASES YOU "GET WHAT YOU PAY FOR". YET MANY REAL ESTATE INVESTORS ONLY CONSIDER THE PRICE. THE POLICY MAY HAVE EXCLUSIONS AND ONLY COVER VERY FEW THINGS.

   
   


2. 
   

   CHECKING THE A.M. BEST RATING: THE A.M. BEST COMPANY IS THE PREMIER COMPANY THAT COLLECTS DATA AND EVALUATES THE FINANCIAL AND OPERATING STRENGTH OF ALL INSURANCE COMPANIES IN AMERICA. HOWEVER, ONE THING YOU SHOULD BE AWARE OF: A.M. BEST OPERATES WITH REVENUES RECEIVED FROM THOSE VERY SAME INSURANCE COMPANIES THAT THEY ARE EVALUATING. THEREFORE NEARLY 91% OF ALL INSURANCE COMPANIES HAVE SOME KIND OF "A" RATING.

   
   


3. 
   

   LOCATION OF THE AGENC...

Upgrading the kitchen at your rental property can be much easier than you think. Here are some simple upgrades you can do without having to do a complete remodel, but make a huge difference.

Cabinets: Whether you resurface them, change out the fronts, or just update the paint/stain, this will make a major difference in the overall appearance of your kitchen.

Backsplash: Simple backsplashes can make an amazing difference. Just adding a bit of texture, color or even something simple add to the character of the kitchen.

Countertop: From complete replacement to simply resurfacing, there are many options for countertop upgrades to do. Making countertops easy to clean, neutral and s...