Spring Newsletter: 2022
Thank you for your interest!
Welcome to “At Home with April!“ This is a publication that you’re welcome to use, share, and review. You’re always welcome to contact me directly with any questions you have pertaining to Real Estate.
The best compliment a business professional can receive is that of entrusting them with you business and/or referral. This absolutely holds true for me. Thank you for believing in me to represent the sale or purchase of your properties.
Very excited to share what has been taking place and what is yet to come, inside this inaugural edition of my newsletter!I
What’s New:
It’s certainly been a unsettled and unbelievable time in the world. The same can be said for our local and National Real Estate Markets!
Wow, talk about unbelievable, our local and Bay Area Real Estate Market has been setting historical precedents. The mass exodus of people leaving urban areas and heading to small towns &/or more rural areas, such as our local communities that reside in Sonoma, Marin, and Mendocino Counties is quite evident.
Urban “Flight”/Migration has definitely affected our Real Estate market, not to mention our property values!
Never did I imagine that homes in area subdivisions would be selling for at, and above, $1,000,000.00!
Coming off the heels of one of the most uncertain time periods in the history of our Country, there is a lot of “now what” thinking going on. “Now what should we do?” This is often answered by people changing their environments, literally.
Millions of Americans are realizing that they really don’t love where the live, so they sell. As well as those who realize they absolutely love their home and want to enhance it, thusly they remodel and/or “do it yourself” to enhance their existing properties.
Figuring the math on this entire reality of home buying, selling, and building, requires a degree in calculus!
The cost of lumber in some regions has gone up some 400%. (Though, we are just now beginning to see a decrease in the cost of lumber).
Homes are selling for 20%- 30% over asking, often times offers are all cash... and zero contingencies!
Towns such as Petaluma, Sebastopol, and Healdsburg are literally feeling this phenomenon; with Petaluma especially feeling the effects.
Buyer’s are taking advantage of the historically low interest rates, yet are simultaneously combating buyer fatigue & depression due to the results of their offers being repeatedly rejected.
The questions mount: where is the sweet spot, what is the best thing to do, when will the bubble burst, when will prices drop, where do we go from here? The answer is quite simple, there is no such thing as “the right time.” There is never a perfect time to do anything. The “I’ll sell when the kids move out... when we retire we can downsize... I’ll buy when I make my first million... “ The “I’ll do this when that happens” mentality is a dead end. Paralysis by analysis is a serious dream killer. There isn’t a perfect home, time, or opportunity. Perfection exists only in nature.
All said, now is an opportune time to consider all the options we have, and appreciate that we have them.
It is my pleasure and honor to speak with you and further discuss all things Real Estate and Construction. We don't seem to have “shoulder season” anymore. Meaning, the demand is seemingly ever present. March is just as busy as July, as is January is as busy as October.
LET’S CONNECT 📞