It’s true that the global pandemic has touched pretty much every aspect of our lives. Learning to work and attend school from home, wearing a mask in public, and practicing social distancing has made life completely different than it was just a few short months ago. We’ve discovered just how important our homes really are – they help to keep us safe when so much seems uncertain. As a result, many people are in the market for a new home. If you’re thinking about selling your North County San Diego home, then now can be an excellent time.
There’s still a demand for homes
The real estate market has remained relatively unaffected by the pandemic. While purchase volume is down, housing prices are not. This is partly due to the fact that some sellers pulled their listings in March and April, so there were fewer homes on the market. But low interest rates and a desire to have a place of one’s own have fueled many buyers to stay in the market. And there aren’t as many homes to choose from. That’s one reason why now is such a great time to list your home. Buyers are motivated, and your home may be just what they’re looking for.
Buyers are looking for safety and security
What homebuyers are looking for can change from season to season. And since the pandemic hit the United States, more and more buyers are looking for the safety and security that a home brings. If a second wave of the virus hits, then we may be under stay-at-home orders again. We now know how important it can be to our well-being to have private outdoor spaces to enjoy or a spare room to use as a home office or as a place for children to attend online classes. And because the federal government passed the CARES Act, homeowners have had the peace of mind of knowing that they can claim forbearance on a federally backed mortgage for up to a year with no penalties.
Suburban and rural communities are becoming more popular
In the last few years, there has been a shift to city living. Many buyers have prioritized the convenience that living in an urban area can provide, such as being steps away from culture and nightlife. But urban centers have been hit hard during the pandemic, and many Americans are turning their eyes toward suburban and rural communities as a result. Which makes our North County San Diego towns so attractive. This area can provide the safety and space that many crave while still being close to major metropolitan areas. North County is truly an oasis with a high quality of living.
Find out what your North County home is worth
Would you like to know what your North County San Diego home is worth? Then use the home valuation tool on our website. By providing your address, you can get a comprehensive report of your home’s value in 35 seconds. There is no obligation and the report is free.
Contact the pros at the Clark & Gilman Team
The agents of the Cristine Clark & Jamie Gilman Team are experts in North County San Diego real estate. We’ve sold one home every 3.3 days since 1997 and we’re here to help you every step of the way. Contact us today at 760-758-1211 or [email protected] to get started.