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COVID-19 and the Real Estate Market

SF Market Scoop

April 15, 2020

COVID-19 and the Real Estate Market

COVID-19 and the Real Estate Market

The coronavirus pandemic has affected how we live our daily lives, including the way we buy and sell real estate. With shelter in place orders affecting more than 4 billion people around the world, there may not be another time in human history when people have depended on their homes more completely than they do now. As we shelter in place, we cannot help but think about all of you, hoping that you have the space you need, ample food and supplies; and of course, toilet paper! 😂

To help our clients navigate these uncharted waters, Dale did the short video above discussing COVID’s effect on national and local markets, trends in the industry and adaptations for conducting business in this climate.

Online Home Searches Surge

Google searches in the U.S. for “Should I buy a house” doubled in March from the previous month, according to Meyers Research. Low interest rates coupled with higher work from home rates could mean more people are starting new home searches online. As always, we welcome any questions and would love to hear from you. Please reach out to us! 415.845.5614.

Warmly,

Dale and Alla


With increasing calls for social distancing, Compass has introduced Virtual Agent Services (VAS) — an exclusive suite of marketing services offered to our clients — which includes virtual open houses and neighborhood tours, dynamic digital listing brochures, enhanced 3D staging, and much more. VAS is a safe way to continue to share properties while promoting the health and safety of our agents and clients.



Stunning Edwardian Condo
1103 Guerrero Street
Offered at: $1,850,000

Property Website, Virtual Walk-through & Digital Brochure

 

Gorgeous Pacific Heights Victorian
Offered at: $4,750,000

 


Gorgeous Tudor View Home
Offered at: $1,995,000

 


Central Sunset Beauty
Offered at: $1,299,000