Real Estate News ... April 16, 2020

Good time to sell? Inventory is very low.

Worried you missed the best time to sell?  Guess what? Inventory is historically low, not just for this time of year, but for ANY time of year.  In fact, records going back to 2002 say the inventory of homes in Santa Cruz county has never been lower than it is right now.  See graph below.
This is not a big surprise given the pandemic, but it does mean that some homes are getting a lot of attention and selling rather quickly. Real estate is considered an essential activity. There are many things we can do as long as we follow the SIP guidelines. Great time to sell? It might just be a good one.