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April 2020 Home Sales San Mateo County
Andrew@LivingEstatesRealty.com
Market Snapshot April 2020
The SIP (Shelter in Place) order took the inventory of available homes down and the volume of homes sold, yet certain cities in San Mateo County showed strong closed sale prices. Others at the high end or further out did not fare as well in sold price. The "Days on Market" clock will start again on May 16th. This will let viewers know how long a home has been on the market. Demand is there because there are not mass layoffs and mortgage rates are low. Supply is still limited by the SIP order. As we open up the economy, May, June and July will tell whether we have pent up buyer demand along with willing sellers who may have utilized the time to prepare for a sale! Whether you are planing to sell, purchase or to lease a home, reach out today and let's exchange more about safety and success in a strategy to achieve your real estate goals.
CALIFORNIA Economic Outlook, Andrew Lomano, Realtor CA & FL View Presentation No One Has a Crystal Ball To exchange more about the Market Reach Out Today CA Economic & Housing Forecast; Forwarding Post from Andrew@LivngEstatesRealty.com
A quick recap of August home Sales in San Mateo County. Home Sales in the cities of San Mateo County. For current inventory of homes for sale as well as off market properties or to receive you home's value, please reach out today at Andrew@LivingEstatesRealty.
Mortgage Applications For Home Purchases Jump Due To Pent Up Demand From Home Buyers. Refinance rates fell due to lenders retreat from cash out refinance loans, yet rates are at an all time low providing a forecast for solid growth in home lending for 2020.
March numbers hold surprisingly well amid the shelter in place order in March. Sales prices were largely up and inventory down throughout the county. For more information on your city or neighborhood home values, please reach out to Living Estates Realty today.
Living Estates Realty is providing its viewers, clients and customers with up to date affect of COVID-19 coronavirus on the active home sales market. To learn more, log onto www.LivingEstatesRealty.com today.
Pressure Mounts For Property Tax Relief CA Home Owners, Local municipalities utilizing those funds to fight COVID-19. Stimulus in the form of stronger help for property owners is being called for.
New Bay Area Public Health Recommendation to Cover the Face
JOINT PRESS RELEASE Shelter in Place Through May 3 To Relieve Hospital Load, Real estate and funeral homes deemed essential services. Avoid going out, extreme social distance, get tested and notify those around you if symptomatic, do not touch face, clean touch point surfaces. Those desiring a move or sale of their property amid the SARS-COV-19 outbreak can do so confidently and effectively with Living Estates Realty.
San Mateo County Parks will close all parks at 6 p.m. today, Friday, March 27, to slow the spread of the coronavirus that causes COVID-19. County parks will remain closed until further notice.
The 9 Stimulus Relief Measures for Realtors and Customers Just Now Passed. Check Them Out Here!