alex@alexgandel.com
Simi Valley Top Producing Real Estate Agent
Your Local Realtor Since 1980!

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Office: 805.522.6788
DRE# 00779926
Real Estate and COVID-19

Our hearts and thoughts are with all of those who have been affected by the COVID-19 Pandemic. 

 



As a realtor who has been servicing the needs of our community for over 40 years, I want to wish all of you the very best during this difficult and unparalleled time.


I truly believe that we will get through this trying situation, and due to our dedication to doing the right thing and treating others well, we will come out of these uncertain times stronger than ever.

We have entered uncharted territory very suddenly, and I wanted to take a moment to reach out to you regarding the current Real Estate market and how it may affect you.

The second half of March, historically, is right in the middle of the prime spring buying and selling season, and the local Real Estate market continues to remain very strong. As homeowners, the most important investment you have is your home. The current overall financial climate, due to Covid-19, is negatively impacting everyone.

During a time like this, it’s worth looking to the past to help put our current climate into perspective. In 1994, there was an economic downturn caused by the Northridge Earthquake, in late 2001 and early 2002, there was a downturn caused by the tragic events of 9/11, and of course, there was a severe downturn caused by the Financial Crisis in 2007/2008. All of those downturns had one thing in common – we rebounded from all of them just as we will rebound from this.

Despite the financial markets being as unstable as they have been over the past few weeks, our local Real Estate market remains active and strong. Buyers, who have already been looking to purchase, typically have already converted their assets into cash, and as such, have not been as impacted by the decline. Inventory levels, in all price ranges, remain at historic lows as do interest rates. The combination of these factors will result in properties retaining their values. We are not seeing mass panic-driven sell-offs in the Real Estate market as we have seen on Wall Street, and I am not expecting that we will.

If you have been considering selling your home, for any reason, whether it be a personal residence or a rental property, I am here for you. If you have any questions related to Real Estate, please reach out to me. I return all my calls, texts, emails, and I will answer every question you have and give you the personalized service you have come to expect. Please feel free to contact me at 805.522.6788, or you can always email me at alex@alexgandel.com.

Please take the necessary time to use caution; listen to the guidance and advice of officials, embrace your families, count your blessings, and stay healthy and safe. Together, we will all get through this challenging chapter and we will come out of this better than ever.

The one thing we know, it is inevitable that there will be the need for some to buy a home or sell a home during this time and we want you to know that we are here to serve you with your Real Estate needs. We are all inundated with the news on the media, so we won't use space on this page to go over the news you already know... besides, it seems to be changing daily and we wouldn't want to misinform you with old news. We do think it might help, if you haven't visited the official websites below, the links are provided to help us all stay informed on local Ventura County news. 

Official CDC Coronavirua 2019 (COVID-19)

Ventura County Emergency

Prevention Steps for COVID-19



 

 

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What an amazing team. From Alex going over the initial terms, Cheryl taking charge, handing things over to Jen, and everyone hold...
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Office: 805.522.6788
DRE# 00779926

alex@alexgandel.com
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