Finally….. fellow Danville residents…. The year 2020 is almost over….. What a year it has been….
While we prepare for this Holiday season, which will be like no other season before,… we realize that the European vacation is most likely off the list, the large gathering of friends and family will have to be cut down in size or eliminated all together….. That our biggest wish is to get our children back to school and that maybe this ‘work from home’ option is better than you had expected.
So much has changed since March of 2020. Like you, I didn’t think we would still be limited in our social activities as much as we are. I figured that once summer arrived, we would see sports and movie theaters and travel destinations open up. The virus is still causing hardship for so many people in multiple ways: economically, physically and mentally we have all been suffering in some way.
The only significant good news that has come from the pandemic is the real estate appreciation. If you are a homeowner you have experienced one of the largest appreciation gains in decades. Most economists agree that this trend will continue through 2021.
The charts for our East Bay Area all show significant activity and increases in home prices since the pause in March.
Studies show that as long as we are affected by the current pandemic, homeowners will be moving in order to make their lives at home more comfortable for pandemic living. Whether homeowners (sellers and buyers alike) are moving out of state or just to a home with more space; inside and outside, they will continue to make our town more and more valuable as demand outweighs the supply.
It’s still not too late to consider buying or selling. Contact me for customized and detailed charts and statistics for your buying wish list.
See you around town.
By Janice Jordan, Compass, Resident since 1998
Janice Jordan is a third generation real estate expert. She has lived in Danville for over twenty years. In her spare time Janice loves to hang out with her daughter Jenna and go on outdoor adventures of all kinds.