Light is at the end of the tunnel!! Riverside County is finally in the orange tier and hopefully moving to the last tier, yellow, in the next week or so. At the same time, the vaccination rate is increasing! It is so nice to see people out and about at restaurants, stores and attractions. Last week we went to the Living Desert & Zoo and it was refreshing to see the giraffes, baby Big Horn sheep, zebras and the new Australian exhibit even with the required mask on! Afterwards, it was to Kitchen 86 on El Paseo for afternoon delights on the outdoor patio.
It feels good to be Closing Pandemic Projects in Coachella Valley. Our last pandemic project was bottling homemade limoncello with our personal labels. When life gives you Meyer lemons, you make limoncello!! During the lockdown, Zoom kept me in contact with my friends and family, and we made the best of the situation with special events like a Zoom Spa Day. It was not as good as being in the real spa, but it gave us laughs and put smiles on our faces.
Now that we’re moving away from puzzles (I’m so over them!!) and starting to socialize, I’m so looking forward to re-connecting with family, friends and clients. As Coachella Valley starts to feel safer, owners will feel more comfortable putting their home on the market and allowing buyers and agents to enter their home. Currently, home inventory is extremely low (at unprecedented levels), which has caused prices to increase. Even though prime season is coming to an end, the housing market should remain robust through the summer months as there will still be pent up demand for Coachella Valley. Mortgage rates have increased but are still at historical low levels. One big unknown is how long Wall Street’s bull market will continue.
If you need guidance in the ever changing real estate market, please contact me. My 20 years in the real estate business has spanned many different markets. As for the past year, I’m so glad to be Closing Pandemic Projects in Coachella Valley