December Usually Means the Start of Our Winter Market, But Where’s the Slowdown?
December is here in Marin, though you notice I didn’t say “winter”. We may have to wait until next month to see any real rain as right now it’s clear and cool, at least in the short run. What’s not clear or cool is the housing market. Buyers continue to buy and sellers continue to sell, much as they’ve done since mid April, defying all normal trends for this time of year. Usually, most people take a break to enjoy the days before and even long after Thanksgiving. Not so this year, which is far from “usual” as of this writing. I showed homes on four out of the last seven days and wrote two strong offers for well-qualified buyers. Both were multiple offer situations and in both cases the buyers were grabbing today’s prices and today’s interest rates, rather than risking a likely increase in both of those in the months to come. We’ll see how December plays out, but right now, it’s as busy as ever for many of us with the strong feeling that the wave of city buyers moving to Marin has only just started. All of our recent buyers tell us, “my friends and neighbors are all trying to get over here also” while streets and sidewalks on weekends are packed with moving trucks in even the best neighborhoods of SF. While a new lockdown has just started here (and in LA) it seems that most people are using that as an opportunity to propel their search to leave their cities and head to the nearest country for fresh air and open spaces, like Marin.
How the work-from-home world looks in 2021 also remains to be seen. But companies large and small have realized that their workforce works better, faster, smarter and cheaper from home. Gone are the hours and expense wasted in the car, stressing in traffic, dealing with delays and trying to park. For those lucky enough to work from home it’s now out of bed with more rest than ever before, at it on the computer being more productive, happier and healthier. This new norm may just become the norm, but it’s too soon to tell. Right now, we’re all just reading about where we’ve been and where we are while working with and through the Pandemic. Where we go remains to be seen, but if the last six months are any indicator, let’s hope all goes smoothly for parents and school kids alike. Our ability to adapt as people hasn’t been tested to this extent for some time, if ever, and I for one have great faith we’ll pull through this better and stronger than ever before.
Let me know of any questions on that. I’m here to help. Meantime, enjoy December wherever you are and please stay safe. As always, thanks for reading.