Well…here we are; the day we have been waiting for. I hope we have some answers by tonight, but I expect it will be a bumpy ride. Buckle up!
If you’re like me, you’ve already voted. Now, I’m anxiously waiting to sit on the couch, turn on the news tonight, and pour a *big* glass of wine! So, I thought it might be nice to give you a little distraction, as we wait for the polls to start closing.
Insert this October 2020 market report.
Rest assured, I’ll be keeping a close eye on the macro and micro market trends as the election results come out. But, as the age-old saying goes, “With uncertainty comes opportunity.” I am confident there will be plenty of both of those as we round out this wild year. If you ever want to chat about what those opportunities could look like for you, don’t hesitate to reach out!
🇺🇸
![ongoing stimulus efforts and economic slowdown will likely lead to currency debasement, keeping home prices high](https://blakelyhull.com/wp-content/uploads/2020/11/Stat-1-2.jpg)
![home builder sentiment is at an all-time high with privately owned housing starts annualizing at 1.41million](https://blakelyhull.com/wp-content/uploads/2020/11/Stat-2.jpg)
![22% of all recent California home sales have been over $1,000,000](https://blakelyhull.com/wp-content/uploads/2020/11/Stat-3.jpg)
![with online sales flat in SF, signs point to a decline in occupancy](https://blakelyhull.com/wp-content/uploads/2020/11/Stat-4.jpg)
![housing inventory levels in SF are on a meteoric rise](https://blakelyhull.com/wp-content/uploads/2020/11/Stat-5-2.jpg)
![even with inventory levels soaring in SF, buyer interest has rebounded 25% higher year-over-year](https://blakelyhull.com/wp-content/uploads/2020/11/Stat-6-1.jpg)
![the rental market in SF has softened by 4x](https://blakelyhull.com/wp-content/uploads/2020/11/Stat-7.jpg)
![](https://blakelyhull.com/wp-content/uploads/2020/11/Stat-8.jpg)