Impact of the Coronavirus on the Housing Market

Impact of the Coronavirus 
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It has become increasingly clear that the Coronavirus has started to make an impact on the housing market in California. In light of the shelter in place order being extended to May 3rd in California, we are seeing a dramatic inventory change of homes on the market. Over the last week, there has also been a decrease in homes being sold. Potential buyers can’t leave their homes at the moment except for essential items which means no open house showings until we can gain control of the spread of COVID-19. The impact of this virus is changing the way we operate on a regular basis.

Some good news is that as of April 1st, California’s fast and aggressive measures to decrease the spread of the virus by social distancing is WORKING! According to an article written in Politico, it appears that our amazing efforts are starting to flatten the curve, thus decreasing the rate of the spread. Great job, Bay Area! 

As a real estate agent based out of San Jose, California, my team and I, are working on developing new ways to provide potential buyers with a personal look at listings that are currently on the market including virtual walkthroughs. View current virtual tours by visiting my “Featured Listings” below. 



 

Do not hesitate to contact me if you have any questions! As always, I am here to serve you in all of your real estate needs. 
Featured Listings
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18355 Del Monte Ave. Morgan Hill, CA 95037

FULLY REMODELED SINGLE FAMILY HOME

features include:

  • Open floor plan with high ceilings and natural light
  • Large living room with natural stone fireplace
  • New gourmet kitchen w/ large pantry, stainless steel appliances & gas stove
  • New designer glass backsplash & breakfast bar
  • Oversized dining room near the kitchen
  • Large glass french doors leading to the amazing backyard
  • New floors, paint, wood shutters throughout and recessed LED lighting
  • Laundry room & half bath downstairs
  • Four bedrooms, all with an abundance of built-in cabinet storage
  • New landscaping with trees, pavers, outdoor lights, pool equipment, fences, outdoor BBQ kitchen, gazebo, luxurious pebble surface pool & spa
  • California room with lights and fans! 

Bedrooms: 4   Bathrooms: 4.5 
Square Feet: 2,248   Lot Size: 7,120   Built: 1989

15785 Shannon Road, Los Gatos, CA 95032

LUXURY CARRIAGE ESTATE

features include:

  • The main estate includes master and guest suites and two additional rooms with a shared double sink bathroom.
  • Tranquil large stone patio with fountain, blossoming evergreens, seasonal plants, lush green lawn, koi pond, and waterfall.
  • Formal dining room, living room, family room, bar, and casual dining area
  • Open concept kitchen with granite island. breakfast bar, six-burner stovetop, restaurant-style Thermador hood, sub-zero built-in refrigerator, built-in wine fridge, and stainless steel appliances
  • Hardwood floors
  • Recessed lighting, crown molding, chandeliers (in ALL the bedrooms!), and two stylish fireplaces
  • 3 car garage
  • Equipped with a solar power system

Bedrooms: 4   Bathrooms: 3.5 
Square Feet: 3,417   Lot Size: 1.28 acres   Built: 1968

735 Siskiyou Lake Blvd, Mt. Shasta, CA 96067

MT SHASTA STUNNER

features include:

  • One of a kind architecture and engineering featuring exposed beams and cathedral ceiling with great acoustics 
  • The kitchen has mahogany cabinets, professional stainless steel appliances, large granite island with sink, refrigeration drawers, and tv storage. 
  • An elevator lift to help transport groceries from car to the kitchen
  • Douglas fir & oak hardwood flooring throughout
  • Exercise room with steam bath
  • Back deck looks out to Mt. Shasta and luscious nature
  • Backyard features fruit trees, vegetable garden, and greenhouse

Bedrooms: 4   Bathrooms: 4.5
Square Feet: 5,027   Lot Size: 2.3 acres   Built: 2000

Mt. Shasta listing provided by Adam Oreck – Contact him HERE to request a private showing