COVID-19 IMPACT ON THE CA HOUSING MARKET
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Hello everyone,
This week my team and I have been looking at the potential impacts of the CoronaVirus, aka COVID-19 on the housing market here in California. Luckily, C.A.R. wrote a very informative article on the 10 Potential Impacts of the virus on the market now and in the future. We send our best to those affected by the virus and are advising everyone to stay informed and germ-free by washing their hands regularly especially if you must travel during this uncertain time.
As always, my team and I are continuously striving for excellence in client care by providing exceptional customer service. If you have any questions for us concerning the market during this time or questions about selling or buying a home, please give us a call. If you are thinking about selling this year, we provide top-notch staging and landscaping services as a bonus for listing with us to ensure a smooth transaction.
Wishing you all a fun and relaxing weekend ahead!
Kind Regards,
Elena Johal
Keller Williams Bay Area Estates
Corona Virus Update:“C.A.R. is not revising its current 2020 housing market forecast, but will continue to monitor the market for negative macroeconomic impacts on the demand for housing as well as the supply chain impacts that could adversely affect the cost of new home construction in the coming months and quarters.”
Read about the 10 Potential Impacts of the CoronaVirus.
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Existing-home sales continued to increase for the second consecutive month in July 2020.
As a full-time knowledgeable real estate professional, I have the skillset you need to get your home sold or find a new one.
The California housing market is still holding steady, hitting a new all-time high price per square foot as of August 2021.
My team and I are thrilled for our clients who accepted an amazing offer on their condo in San Jose.
The prime reasons staging has become commonplace is due to consumer demand and the proliferation of online home shopping.
The latest market report is in from December 2021 provided by the California Association of Realtors®️.
We continue to see a slight steady downshift in home sales as we move into the colder months, however, we will likely see our normal Spring increase again in 2022.
Tenacity Realtors. Committed to delivering unmatched results for Sellers and Buyers.