It’s been quite the year, hasn’t it!??! Usually this is where we would share & highlight things to do around town but since everyone is in quarantine, we figured it would be best for us to shed light on the industry from our perspective to give you a better feel for what’s going on with the San Diego Real Estate market.
Surprisingly, the market has NOT slowed down. Quite the opposite, in fact. We just brought our third listing to market this month & have several more properties scheduled to come to market in the Spring.
We are proactive practitioners and have teamed up to provide virtual tours of all the homes we have for sale right now. That way, we can still showcase each property without coming into contact with members of the public. In fact, we have a moratorium on all open houses until further notice. Safety first, always!
We are also seeing lots of buyer activity. Both Carol & Dev have Buyers under contract and the craziest part about it, is there are multiple offers on many of the homes available. This is in all price points in San Diego. From entry level homes to estates, inventory is very limited and the demand has NOT decreased much by way of this virus pandemic.
That said, we are still helping people with their home search virtually! Be sure to download our HomeSnap app where you can search for homes all over San Diego County and beyond. We are here to advise you on any properties that interest you and will be your guide during any season of your life, whether it’s your first or forever home.
The industry as a whole is on HIGH alert and our associations have been sending out daily legal updates as well as a new disclosure called, Coronavirus Addendum. This is for those who are already under contract and need clarification on issues concerning the current state of affairs and how it applies to the transaction at hand. Luckily, 1850 Realty hasn’t had to use this form yet BUT that good news is it does exist to help us move our transactions along.
It’s been quite the whirlwind for the world and we are here. We WILL see the end of this chaos and will continue to be your trusted resources of all things related to Real Estate in our hometown, San Diego. Thank you for your support & positivity as we move forward into the future. May you stay safe, healthy & happy through these unprecedented times.
Much love to you & your family.
Team 1850 Realty,
Carol, Eric & Dev