{March 2020) Coronavirus: Round #1 and Round #2
I would like to first take this opportunity to thank our medical professionals. Many of my friends are on the front line. A big thank you to you!
This whole year so far is one big quarantine to me. I took the kids to Shanghai for CNY in January and was holed up in my parents’ apartment. I came back on 1/30 into a 14-day homestay. Now here we are again. My head spins sometimes from a lack of my usual routine. For a workaholic like myself, not being able to work is trying. But I got one wish come true! At the beginning of the year, I was just thinking that my younger daughter was going off to PreK this Fall and I wanted to spend more time with her. Voila! Now my day is one long session of cooking and feeding two hungry kids, with a few calls sprinkled in between. I most certainly hope this episode of disruption ends soon. But I will also miss these days of being together.
The real estate market has understandably come to a halt. Most of my sellers, buyers, and landlords are on hold. Last week I did one rental deal via FaceTime showing. All of my closings scheduled for the next 3 weeks are canceled. This week, I am negotiating a couple of deals for buyers looking to buy in new development. They saw the projects a while back. Now they are coming back in the hopes of getting a better deal. The Sponsors are more negotiable.
Now, this is something I have always wanted to do: learn to play the guitar! Fender will teach you online.
In this environment, demand kept building. We saw this reflected in more contracts being signed, higher price per square foot, and fewer days on market.