Dear valued clients, friends & family,
I continue to be hyper-focused on the pulse of the current and ever-changing real estate market and doing everything possible to successfully navigate through this unchartered territory. The real estate market has opened back up big time in recent days and as of this coming Monday (5/4/20) occupied homes will be able to be shown following very strict showing guidelines. This means we should see a big uptick in our current inventory. The Buyers are out and they are anxious to buy after having so little to view over the past 6 weeks. My team is up and running full speed ahead although everything has changed in the way we are conducting business right now in some way or another. Flexibility and ability to adapt quickly is key right now. Our first concern is always the safety of our clients and to provide the absolute best counsel possible tailored to each client's needs as a close second. We are listening better than ever before and we are committed to providing the stellar service and guidance that our clients expect and deserve. We are here for you! Please reach out for anything at all!
Please be sure to read through to the bottom as I think you will find some valuable and interesting current information.
|
I thought you might like to see a recent CNBC segment where Compass’ Founder & CEO, Robert Reffkin, discusses the current climate in real estate amidst COVID-19.
Click the image below to watch the full clip on YouTube.
|
As you may have experienced yourself, buyer searches for properties dropped 36% during the peak of COVID-19—from March 10th to 24th. However, our data is showing the number of buyer searches is steadily increasing, and we are now only 15% lower than where we were before the drop.
As the curve flattens for increases in COVID-19 cases, Compass is seeing a flattening of the declining curve in real estate transactions. In fact, in the 135 cities where we operate, last week Compass saw a ~20% week-over-week growth in new listings and listings in contract / pending after the market spent 2 weeks at bottom.
I wanted to share a few highlights that you might find particularly interesting about how Shelter-in-Place has changed what people are looking for in a home:
|
These numbers are a reflection of what is happening right now but these sentiments will likely evolve. It’s worth mentioning that it’s important in real estate to focus on the long term, rather than making reactive decisions when so much is yet to be seen.
I am here if you would like to chat or have questions about the current state of the market—or my thoughts on the future.
|
See What's Happening
in Your Town
|
Without a doubt, the best and fastest way to get out of spiraling negative thoughts and worry is to get into service and help others. Whether you can do that with your time, your money, or supporting local business here are some ways to get you feeling good and into solution mode!
|
Volunteers are urgently needed to help our community respond to challenges related to COVID-19 in Sonoma, Napa, Marin, Solano & Bay Area counties!
Help our most vulnerable neighbors stay healthy by engaging in activities such as:
helping to pack boxes of nonperishable food at food bank warehouses,
picking up and delivering meals for homebound older adults, and
delivering supplies to assisted living facilities.
|
|
|
|
Volunteers of ALL ages are wanted now to help connect the community and assist those in need. All volunteer opportunities will be low contact, or no contact tasks including our Check-in and Chat program and online programming leadership. In the coming days, they hope to have an essential errand volunteer program for those who are unable to leave their homes.
Are you a Senior or unable to leave your home due to quarantine, illness or other reasons? We want to ensure that all our community members are safe and have what they need. If you need help or a call, please click the link.
|
Town of Fairfax - Age Friendly Resources
The Fairfax Volunteer Match Program is intended to connect any Fairfax resident in need with a volunteer to assist them, from shopping to getting prescriptions filled to picking up delicious take-out, dog walking or just a phone call if someone is getting lonely or concerned.
Are you a Senior or unable to leave your home due to quarantine, illness or other reasons? We want to ensure that all our community members are safe and have what they need. If you need help or a call, please click the link.
|
|
SF - Marin Food
Bank
Together, we can end hunger in San Francisco and Marin.
The Food Bank continues to do the day-in and day-out job of making sure vulnerable neighbors get the food they need. Now, they are putting solutions in place, one by one, to be able to continue providing food and helping our community prepare for whatever challenge the COVID-19 presents.
|
|
|
|
Dine11 Marin is feeding our local healthcare heroes, supporting beloved restaurants in Marin and giving our whole community a way to unite and help during the COVID-19 crisis.
​
Our local restaurants play an essential role in defining, shaping and enabling the community we love in Marin and our neighborhoods. By making it possible for our restaurants to continue operating at this crucial time, Dine11 Marin donors will help them
survive this crisis and retain employees by preparing delicious meals for hard-working doctors, nurses and crucial team members impacted by the coronavirus pandemic.
|
Marin Community Foundation Donation Support
MCF is providing immediate support to local safety net and health organizations, ensuring that we are inclusive of all people and communities. Support is being prioritized to address food distribution, rental assistance to mitigate loss of housing, and emergency cash assistance to vulnerable individuals.
|
|
|
|
Donate Blood to Help the COVID-19 Shortage
There is currently a nationwide blood shortage because of the COVID-19 Pandemic. The nation's two large's blood providers, Red Cross and Vitalant have put out calls for emergency donations. As of March 20, Vitalant had less than a two-day supply of blood products. The American Red Cross announced it has less than a five-day supply.
|
Support Our Local Restaurants & Businesses
|
We are very excited to present our incredible new listings below. Please contact us for more details and to schedule a private and safe showing.
|
Sleepy Hollow - San Anselmo
4 Bed | 3.5 Bath + Legal ADU | $2,450,000
|
|
Winship Park - San Anselmo
4 Bed | 3.5 Bath | $1,900,000
|
|
Hawthorne Hills - San Anselmo
3 Bed | 2 Bath | $1,399,000
|
|
San Geronimo Valley - San Geronimo
3 Bed | 2 Bath | $1,300,000
|
|
Inspiring words, quotes, and stories always brighten a moment for us.
We are leaning into words of encouragement, gratitude, and positivity to make sure we keep our spirits up! I hope you're doing the same or spending some extra time doing the things you love! Our mindset matters!
|
Stay Safe, Healthy & Positive!
|
Social Links are not complete
|
|
© Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.
|
|
|
