A LOT CAN CHANGE IN A WEEK…
It is hard to believe our lives could have changed much more in this last week than they did the week before, but it certainly happened, didn’t it?
Here’s a Timeline of the last week’s significant events for reference:
- Sunday 3/22: President Trump approved our state’s disaster declaration.
- Monday 3/23: Boeing suspended production at it’s Puget Sound facilities and Gov. Inslee directed a “Stay at Home Order”.
- Tuesday 3/24: Summer Olympics in Tokyo Postponed.
- Wednesday 3/25: “Stay at Home” began and all non-essential business closed and the $2 trillion Federal Aid Package was reached.If you are currently planning a move, and are active in the Real Estate Market, you likely heard that Real Estate Brokers (me) were deemed NOT-Essential.
However, as of TODAY – this has now changed!
The Governor JUST deemed Real Estate as an “Essential Business”!
So what does this mean for you and our clients? We now have to adhere to stricter guidelines to ensure safety for our clients and homeowners, however we are able to do the following:
1. In-person activities must be appointment-only.
2. No more than 2 people, including the broker, may be at the property at any one time.
3. Those persons must strictly follow social distancing guidelines established by the CDC and Prevention by remaining at least 6 feet apart at all times.
The revisions to the Order are limited to allow the following in-person activities, provided the above protocols are followed:
- Previews and showings of listings by appointment only.
- Listing presentations, photography, and creating virtual tours for new listings (Note: professional photographers are not considered essential, thus all photos must be taken by the broker or seller).
- Inspections for pending transactions.
- Appraisals for pending transactions.
- Buyer “walk-throughs” for pending transactions prior to closing.
- Providing keys to buyers at closing.
- Real estate Open Houses are NOT permitted.This is a brief synopsis of the revisions made by Gov. Inslee, if you’d like to read the modifications to the Real Estate industry in it’s entirety, here’s the link the NWMLS provided to us. http://members.nwmls.com/library/content/legalbulletins/StayHomeStayHealthy_March28thModifications.pdf
I know there is some uncertainly in the market today so I wanted to continue to provide you with the current numbers for Whatcom County.
Below are the stats for the week of March 21 – 27th.*Bellingham’s average price percentage difference is significantly lower due to the number of homes that are priced at one million and above
April 14, 2020