THE BENFORDS OF SERENO GROUP REAL ESTATE

Hello May! Spring is here across the country, though my industry friends and family in snowy areas on the east coast may be wondering.

- Real Estate in Santa Clara County, California is now open for business, whether the property is vacate or occupied.

There are still rules for how many people can view a property at one time, and there is a document which must be signed by everyone going into the property.

- Lenders are working and the rates are great. Buyers, make sure your pre-approvals have not expired. Want to purchase a house and don't have your pre-approval yet?

Call me for a lender referral. Get the paperwork done now. Lower rates make lower monthly payments.

My gurus are saying good things. People still need places to live. 70% of the workforce is still employed. There is buying and selling activity. Because there is still low housing inventory, prices are not plunging. I have talked to buyers hoping for a big dip. My gurus have predicted no more than a 5% price dip, if at all. Santa Clara County is seeing multiple offers on properly-priced homes for sale. Inventory is low across the board.

For more educated information, read about the economic forecast from Dr. Lawrence Yun, the Chief economist for the National Association of Realtors: https://www.benfordrealestate.com/Resiliency-Lawrence-Yun-May2020.pdf

To see the local April statistics, check out my sellers' presentation report. Scroll down on its pages to get the latest Santa Clara County sales: https://bit.ly/362uVDF