COVID-19 Updates from the David Kim Group

Friday, May 21st

We are happy to announce that our team is fully vaccinated! We will still be wearing masks and following the necessary precautions to ensure the health and safety of our clients.

Thursday, May 21st

Gavin Newsome announced that $45 million in CARES funds will be directed toward Santa Barbara County. For more information on how this money will be put to use, read this article from the Santa Barbara Independent:

https://www.independent.com/2020/05/20/newsom-directs-45-million-in-cares-money-to-santa-barbara-county/

tuesday, april 7th

Here at the David Kim Group, we always have an eye on the data. This helps us check the pulse of the market at any given moment. It’s especially important to do so in times like these, where the market can shift multiple times each week. Today we want to highlight two interesting bits of information from last week’s data:

1.) New Listings Are Returning: When the pandemic first took hold, many potential sellers had hesitations about listing their property. We saw new listings drop into the 20’s or below. This past week, new listings amounted to 31! That number climbs to 38 if you consider the 7 new “coming soon” listings.

2.) The High End is on the Fence: In an extremely rare turn of events, there were ZERO new sales above $2,000,000 last week. Wow! There was only 1 closed sale above $2,000,000 as well. This tells us that the “lower end” clientele who either MUST transact or WANT to transact are taking action. Clientele who do not have an immediate need to buy or sell (generally true on the higher end) are waiting this out.

Wednesday, April 1st

Here’s a look at how we’re modifying our processes during the pandemic so that we can ensure the safety of our clients and those around us. You’ll see we have approaches that are specific to buyers and sellers, depending on which side of the transaction we’re on. Every step of the way, our goal is to minimize the health risks for all parties.

monday, march 30th

If you have been financially impacted by the COVID-19 pandemic, be sure to visit this website that’s been set up by the California government. There you will find information on topics including unemployment insurance, paid family leave, disability insurance, relief from financial institutions, and the statewide moratorium on evictions.

Saturday, March 28th

Great news! Today, the U.S. Department of Homeland Security Cybersecurity and Infrastructure Security Agency (CISA) updated its list of essential services during the coronavirus (COVID-19) crisis and expressly included residential real estate. This means that the real estate market can continue to function, as needed by so many of this state’s residents. The David Kim Group will continue to honor the mandate prohibiting open houses and limiting in-person activities. We will continue to work hard for our buyers and sellers who still need and want to transact, while also respecting best practices for public health.

Friday, March 27th

We at the David Kim Group are placing the highest priority on the health and safety of all those in our community. We remain open for business, but our methods have adapted to the current environment. Luckily, we are whizzes at video chats and virtual tours. Things are changing day by day, almost hour by hour. We are diligently monitoring the situation on both a local and global scale, and are happy to be of service during these unprecedented times. Take care of those around you and be safe!