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 our community’s needs for over 41 years, I want to wish all of you the very best for 2021.
2021 Update Covid-19 and Real Estate from Alex Gandel on Vimeo.
2020 was a year of uncharted territory for many different reasons, yet the Real Estate Market of 2020, both locally and nationally, withstood all of them. Record low-interest rates and inventory levels, in addition to, in many cases, movement from densely populated areas to those less populated for many different reasons, including no more commuting, helped to create a sustained marketplace that none of us expected.
Prevention Steps for COVID-19
When COVID-19 started, the financial markets became volatile, and the Real Estate business froze. Once Real Estate became an “essential service,” the market exploded as if we were right in the middle of the prime spring buying and selling season, and to this day, our local Real Estate market continues to remain very strong. The financial markets returned as well.
As a homeowner, the most important investment you have is your home. Barring anything creating an imbalance within the four parts of the market, inventory levels, interest rates, job instability, or confidence in the market, all predictions are more of the same in 2021.
Home Sellers are enjoying record low inventory levels, while home Buyers are enjoying record low-interest rates. Many properties brought to the market are experiencing multiple offers, and we have Buyers coming to our area, it seems from almost everywhere. While we still have many local homeowners leaving the area, it continues to be a highly desired location for those who want out of more densely populated areas. There are many local move-up Buyers, as well.
My Real Estate business follows ALL COVID-19 protocols to protect all parties involved in our transactions, including masks, gloves, booties when requested, sanitizing, etc. The Real Estate professionals, affiliated services, and Buyers and Sellers alike are up to date with the requirements and procedures. Properties are shown by appointment only, with PEAD entry forms and, in many cases, pre-approval letters and proof of enough funds necessary to close required before the showing takes place.
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 email@example.com.