Market Update 3.30.2020

Hello Caton Team Friends!

I do hope you are well, safe and healthy.  Some good news – the Government has approved a $2.2 trillion Coronavirus Aid Relief & Economic Security (CARES) Act – click to read more.

Also – Realtors have been deemed an essential service!  However due to the Shelter in Place, there will be no open houses or tours till May 1.  All showings are to be done virtually. If absolutely necessary, all precautions must be met, gloves, masks and booties at minimum. 

The good news is – Realtors are prepared for such events, we can show homes virtually, we can draft and sign contracts on line, we can negotiate offers over the phone and email.  We can do this because we have been doing things this way for a while. 

Without a doubt the coronavirus has slowed down real estate sales with buyers and sellers hunkering down at home. So here’s some good news…

For our selling clients, homes are selling – last week one house received 20 offers!  When they closed escrow, they signed outside with gloves, masks and booties at a long table.  If you need to sell, The Caton Team is ready to list your home, get fantastic photos and virtual tours, prepare online disclosures the good news – inspectors and escrow officers are working too!  So we can take care of your Real Estate needs with the comfort of knowing we are, and will aways be, a call or click away. 

For our buying clients  – now is your time to shine!  You can apply for loans online, you can follow up with your current loan online, we can take care of the rest – online.  With demand slowed down, you may have less competition.  Buyers do need to be aware of lending restrictions and to double check how the down payments are doing if invested.  Financing is still available but things are taking a bit longer, jumbo loans are a bit tougher within reason. We are seeing contingencies, inspections and appraisals happening.  Close of escrows are about 45 days out and provisions to protect all parties have been drafted by the California Association of Realtors.

This year we have had (for a while now) more demand than supply and that has not changed. There are still many people who want to own a home in the Bay Area and seeing this as an opportunity.  Warren Buffet always buys in a Bear Market!

As we find our new normal – now – more than ever – home is so important.  The Caton Team is here to help you with your Real Estate needs and goals – every step of the way.  Together – we’ll get through this.

Stay Safe – Stay Home – Stay Sane

I’ll be sharing Real Estate news on our Blog and humor on my Facebook Page – please feel free to friend, follow or share.

Sabrina & Susan

The Caton Team

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

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Sabrina Caton - The Caton Team - Realtors

Sabrina & Susan are native Californians - born and raised in the Silicon Valley with a passion for Residential Real Estate. A mother and daughter-in-law duo called - The Caton Team. With over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time. Call | Text at: 650-799-4333 | Email Info@TheCatonTeam.com The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true. The Peninsula is our backyard - let us help make it yours. We represent Buyer’s and Seller’s throughout the Bay Area. The Caton Team – Susan & Sabrina A Family of Realtors Effective. Efficient. Responsive. What can we do for you?

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