I am here for you…

Friends, 

I hope you all are well and healthy. 

These are certainly  unprecedented  times and personally speaking - hard to figure out which way is up? 

Overall, the East Bay real estate market is in an odd holding pattern. There are houses selling, but inventory is at fraction of what would have been a more traditional early Spring market. Title companies are working remotely  and county recording offices are open, but working with a skeleton crew. Many homes are "waiting" to come to market; some have cancelled, others are trying to do "virtual" showings, and many are opting to stay on the MLS. For buyers, lenders are still lending. Rates have ticked up a bit since last month and seem to be adjusting daily. I think lenders, like all of us, are taking this one day at a time. My family and I have been honoring the SIP guidelines, as has most of the crew I work with.  

Like you, I hope that we will begin to physically loosen up in early May, and with that, begin to see new quality housing stock. I was successfully selling real estate in the East Bay during the 2007-2008 mortgage and housing collapse. Then, like now, there were a lot of unknowns. What I learned  from that time was that level-headed, calm decision-making was rewarded. I am staying engaged, looking at data, reading the "tea leaves", and leaning on my relationships in lending, appraisal, construction, and real estate  communities. 

I am  formulating an educated and non-reactionary  course of action. Please feel free to reach out to me directly.