Instead of trying to catch up, I'd rather pretend I am just starting this, with the intent of posting more frequently. We'll see how that goes!
To summarize the last 5 years for the local real estate market: We finally came into a balanced market. We really didn't start coming out of the great recession until 3 or 4 years ago. And now we have Covid to deal with.
It's a frightening world we are living in, but frankly I am fascinated that the pandemic did not bring the local real estate activity to its knees. In fact, it has been extremely busy here. Granted, every thing I do takes 3 times longer than normal because it takes planning, explaining, and preparing for safe practices. But that's okay. I am happy to invest the time and effort to keep myself, my family, my clients, and the community, as safe as possible.
Since the "Ides of March" I have had a few new listings which had multiple offers competing within the first week, and I have made a few sales "sight unseen." Surprisingly, only two buyers have wanted to try "lowball" offers, assuming Sellers must be desperate due to the pandemic. However in both instances, Sellers held their ground. People do not seem to be panicking about the economy, here, though I know there are tragic stories all over the area due to business closures and unemployment. At this time, thankfully, it has not seriously hurt the real estate market in this area. Maybe people all over are realizing more than ever the value of having a home at the beach to get away to when things like this happen.
Knocking on wood as I write this, but it's a blessing to look out on our beautiful, fresh air environment knowing that in this entire county only 6 people were diagnosed with Covid since the inception. Living in Rural America has huge benefits... today I am counting my blessings.