People keep asking me how the coronavirus has impacted the real estate market, especially in the Bay Area. Here are some important news about that:
  • Home sales fell by half in May 2020 v. May 2019...but prices are still rising as there are fewer options but record-low interest rates
  • The Monterey housing market is booming due to the exodus from the Bay Area, given increased opportunities to work from home
  • Housing construction is stalled in San Francisco