real estate news RESIDENTIAL REAL ESTATE AFTER COVID-19? Main Office: 562.370.1000 CBCARealEstate@gmail.com www.cbcoastalalliance.com Broker’s Update Keeping Kids’ Minds Moving What should we expect the residential real estate market to look like when the...
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real estate news RESIDENTIAL REAL ESTATE AFTER COVID-19? Main Office: 562.370.1000 CBCARealEstate@gmail.com www.cbcoastalalliance.com Broker’s Update Keeping Kids’ Minds Moving What should we expect the residential real estate market to look like when the pandemic The Value of Homeownership passes? Let's look at it in components, buyers and demand, sellers and supply, and of course, interest rates. Keep a Healthy Home Buyers - By all indications, demand remains extremely strong with the prospect of the number of buyers growing as we learn, after being "house-bound" for weeks, that our living accommodations aren't ideal. The nation, and California, in particular is experiencing a Ask the Experts tremendous housing shortage, Estimates for our state alone, place the count of units we are short between 1-3 million. The most recent statewide data from March show an 11% drop Walk for Kids 2020 in sales from March of 2019 but the median sales price still rose between 5-8%. The drop in sales i
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