Tomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe unemployment could be greater than 20%. These numbers represent families across the nation that are not sure when (or if) they will return to work. The emotional impact on these households is devastating.
There are, however, some small rays of light shining through on this issue. Here are three:
1. The actual number of unemployed is less than many are reporting.
It is true that, over the last ten weeks, over 40.7 million people have applied for unemployment. It is also true, however, that many of those people have already returned to work or gotten a new job. The actual number of people currently unemployed is 21.1 million. This is still a horrible number, but about half of what is often being reported.
2. Of those still unemployed, most are temporary layoffs.
A recent survey by the Federal Reserve Bank showed that employers believe over 75% of job losses are temporary layoffs and furloughs. This means 3 out of 4 people should be returning to work as the economy continues to recover.
3. Those on unemployment are receiving assistance.
According to a recent study from the Becker Friedman Institute for Economics at the University of Chicago, 68% of those who are eligible for unemployment insurance receive benefits that exceed lost earnings, with 20% receiving benefits at least twice as large as their lost earnings.
Tomorrow’s report will be difficult to digest. However, as the nation continues to reopen, many of those families who are impacted will be able to return to work. DM me if you have questions about how unemployment rates can impact our local housing market.
Home Towne Real Estate
301-909-5055 (c) / 410-326-4100 (o)
June is #MensHealthMonth , and we want to kick it off by highlighting one of the most important issues facing men today: mental health. It’s estimated that at least 15% of men in the United States live with some form of mental illness, but men are less likely than women to get help and are more likely to die by suicide than women.⠀
Recognizing the signs that you or someone you love may have a mental illness is the first step towards getting treatment. Visit the link in our bio to learn more.⠀
If you or someone you know is in crisis, get help immediately by calling 911 or the National Suicide Prevention Line at 1-800-273-8255.
"The Mechanicsville Fleet." Thank you Tony Codespote for the awesome images!
Visit Tony @
3 31615 hours ago
We began a conversation Monday about how fences affected the native peoples living in the Chesapeake region from the Powhatan, Piscataway, and Nanticote chiefdoms including the following tribes: Acquintanacsuck; Iroquois; Massawomeck; Mattapanient; Moyaone/Piscataway; Nacotchtank/Anacostian; Nanjemoy; Nanticoke; Noushnemuck/Nanjemoy; Pamacocack; Patawomeck; Patuxent; Potopaco; Powhatan; Secomocomoco; Susquehannock; Tauxenent/Doag; Tockwogh; Wiccocomico; Wicomiss; and Yaocomaco. Those same fences, which European colonists used as a means of protection for crops, was also a political symbol of land ownership. Fences had legal significance; they were often used to demarcate property lines and were occasionally referenced in legal disputes.
Consider the following law passed by Maryland’s government in October 1654: “It is Enacted by this present Generall Assembly upon the
motion of Maryes & Potomack. That is shall be Lawfull for
any person or persons within the Province to take away from
any Indian or Indians, That shall Come within the Libertys and
bounds of the sd persons Lands, their Gunns power & Shott..." This act made it lawful for any colonist within the province to take away guns from any native peoples that were found on English land, including the land of the Susquehannocks that was taken over by the English in a treaty signed in 1652. By this point, the English were further encroaching onto native lands, exploiting local resources, making hunting more challenging, and allowing their animals to roam freely. This led to disputes over land, crops, and livestock with the native population, who saw the wandering animals as fair game.
Tomorrow's post will see further impact as we discuss the Treaty of 1666.
The Smithsonian National Museum of the American Indian has classroom resources available, which includes a list of cited sources, maps, lesson plans, and conversation starters. To learn more, visit https://s.si.edu/36W9hkV
Guided kayak tours have returned to Mallows Bay! Paddle through the World War I Ghost Fleet while observing the park's unique wildlife and historic and cultural features All tours will be led by an experienced and knowledgeable guide.
𝗜’𝗺 𝗻𝗼𝘁 𝗿𝗮𝗶𝘀𝗶𝗻𝗴 𝗵𝗶𝗺 𝘁𝗼 𝗯𝗲 𝗮 𝗰𝗵𝗶𝗹𝗱, 𝗜 𝗮𝗺 𝗿𝗮𝗶𝘀𝗶𝗻𝗴 𝗵𝗶𝗺 𝘁𝗼 𝗯𝗲 𝗮 𝗺𝗮𝗻.
As I near delivery and with everything going on around us, it has really made me focus on the type of man I want to raise and how what Dean & I teach him and show him as his parents will not only shape him but also those around him.
𝘐 𝘱𝘳𝘢𝘺 𝘵𝘩𝘢𝘵 𝘸𝘦 𝘳𝘢𝘪𝘴𝘦 𝘢 𝘮𝘢𝘯 𝘵𝘩𝘢𝘵 𝘭𝘦𝘢𝘥𝘴 𝘭𝘪𝘬𝘦 𝘑𝘰𝘴𝘩𝘶𝘢, 𝘢𝘥𝘷𝘰𝘤𝘢𝘵𝘦𝘴 𝘭𝘪𝘬𝘦 𝘌𝘴𝘵𝘩𝘦𝘳, 𝘪𝘴 𝘸𝘪𝘴𝘦 𝘭𝘪𝘬𝘦 𝘚𝘰𝘭𝘰𝘮𝘰𝘯, 𝘢𝘯𝘥 𝘪𝘴 𝘥𝘦𝘷𝘰𝘵𝘦𝘥 𝘭𝘪𝘬𝘦 𝘋𝘢𝘯𝘪𝘦𝘭!
We are thankful for the continued support of our community to provide masks to the elderly and immune suppressed. Thank you to the amazing Carol and Diana for sewing these beautiful, stylish creations! We know they will make someone’s day!
“It’s not you; it’s me.” So true when it comes to me — and houseplants.
If you can relate, here are some low-maintenance houseplants and tips for keeping them healthy, hearty — cross-your-fingers, alive.
• Forget to water regularly? The snake plant might be your perfect match. They thrive in low-light areas, only need a little water, and don’t attract pesky bugs. Just beware if you have pets — snake plants can be toxic to animals.
• During the late fall and winter, you only need to water a rubber tree once per month — a negligent plant parent’s dream! In the spring and summer, just feed it a diluted fertilizer every two weeks and keep the soil damp.
• The key to a healthy aloe vera plant is good drainage. Let the soil dry out in between waterings. Not only will you have the coolest plant on the block, but you’ll have an ancient first-aid remedy on hand any time you need it.
• Bird of paradise — another low-maintenance houseplant that brings a taste of the tropics indoors. Place it in a sunny spot with temps 65-80 degrees, and it’ll thrive all year long.
• Looking to add warmth to your high-ceiling areas? Consider the fiddle leaf fig plant. Ideally housed in a floor-standing container, the tropical plant needs room to grow, a sunny spot free of drafts, and light watering and fertilizing.
Indoor houseplants warm up any room. If you’ve tried before and failed — try, try again! .
Hey Charles County! Real Estate last month was not bad in light of the economic challenges due to COVID-19!
Here’s our April Real Estate Market Update.
First-time buyers were responsible for 36% of sales in April, up from 34% in March 2020 and 32% in April 2019. “The economic lockdowns – occurring from mid-March through April in most states – have temporarily disrupted home sales,” said Lawrence Yun, NAR’s chief economist. “But the listings that are on the market are still attracting buyers and boosting home prices.” “Record-low mortgage rates are likely to remain in place for the rest of the year, and will be the key factor driving housing demand as state economies steadily reopen,” Yun said. “Still, more listings and increased home construction will be needed to tame price growth.” Where are all of my first time home buyers??? This is a great time to get in your very own home with low interest rates.
First time Investors...This is prime time for you too! FHA mortgages allow real estate investors to purchase multi-unit homes with just 3.5 percent down.
Homeowners...this is a great time to refinance especially if you need to get rid of your PMI. If your home has appreciated enough to give you 25% equity after two to five years, you can cancel the coverage. After five years, you just need 20% equity to be done with it.
All of these changes affect home values, including yours. If you want to know the new value of your home, send me a message!
If you are ready to start your journey as a first time home owner, investor or seller, I am here to help!
😳🗓 Long day... more like May was a LONG MONTH! 🛀🏽 We are restocking our bath bombs in the coming week. 🧖🏼♀️•
Here are the scents we currently have in stock: •
🌞Oh Happy Day•
😌 Stress Relief•
We’re re-stocking: •
🌹Coming Up Roses•
🌌 Sweet & Dreamy•
❓ New MYSTERY Scent (Stay tuned!)
When Is the Best Time to Sell a House? Believe it or not – some seasons and circumstances provide an optimal environment for selling a home. Tax incentives, mortgage interest rates, migration patterns and the economic climate, in general, can all influence a housing market’s strength. Whether you’re thinking of listing for personal or financial reasons, here are 5 ways to know if it’s a good time to sell your home.
Contact me and we can discuss your specific goals and determine when the best time is to sell.
Home Towne Real Estate
Despite current conditions, area homes are going under contract in an average of just 29 days.
If I can answer any real estate questions for you, please call or text me. 📲
Have a great rest of the week!
When undergoing MOHs micrographic surgery, your choice of surgeon is of paramount importance. That’s because clinical, as well as cosmetic outcomes, largely depend on the physician’s training, experience, skill, and technique.
For these reasons, patients must carefully research MOHs providers and insist on a well-qualified specialist to ensure a safe and effective procedure.
Hit the link in our bio to learn all about this cutting-edge skin cancer treatment, including how to find the best MOHs surgeon in the Washington DC area.
1 93 June, 2020
As you prepare for your summer travels, take a moment to read over our tips for traveling with medical marijuana! Click the link in our bio to see them all 👌
If you’re considering selling your rental property, know that there are two key factors indicating that selling your vacation home now may be your best move as a homeowner.
1. Inventory Shortage
The inventory of overall homes for sale is well below the demand from potential buyers, so many eyes may be searching for a home like yours. According to the National Association of Realtors (NAR), total housing inventory, meaning homes available to purchase, is down 19.7% from one year ago. Buyers are looking now, and some vacation homes make a great primary residence or second home for those eager to escape from more populated urban areas.
2. Home Prices
The lack of inventory is also keeping homes from depreciating in value. Today, prices are holding strong and experts forecast home price appreciation to continue throughout this year. Selling your home while prices are holding steady is a sound business move. You’ll likely have equity you’ve earned working for you as well. If your home has been vacant for the past few months, the forced savings you have built in your equity may help balance out possible rental income loss due to the slowdown in the travel industry.
We don’t know exactly when heightened summer travel will return or what it will look like when it does. If you’re considering selling your vacation home, DM me today to determine your options in the current market.
Home Towne Real Estate
301-909-5055 (c) / 410-326-4100 (o)
Click to get free Online interactive information: - Local market trends
- Active & sold listings
- Factors affecting your home's value -------> https://tinyurl.com/unexbgw <------- Please contact me if you have any questions or would like FREE home evaluations.
Friday is the DAY!
It’s been an extra long two months of quarantine and basically shutting down my business. There have been so many affected by the shut down here in Maryland. I’m so excited to announce that, thanks to the Governor’s start of Phase 1 yesterday, that I will be able to start photographing people again! Because the health and safety of my Clients is so important to me, I will be putting into place several safety measures to ensure all of the Maryland laws are observed. All photo sessions will be considerate of social distancing guidelines, face masks and outside-only session locations. I have missed my people SO much, and cannot wait to get started with you again! From now until August 1, I’ll be offering $50 off all photo sessions! The weather is perfect this time of year - so who is ready?! #melissabarrickphotography#loveletterfamilies