CV Escrow

The very smart Mike Simonsen, CEO of Altos Research, recently shared some valuable insights pertaining to what 2020 year-end numbers are telling us about the 2021 market. Take a look! And, if you have any questions or need escrow assistance, we are here for you! https://www.youtube.com/watch?v=utEcDApiTgU

Our President, Jeff Russell, recently shared a few thoughts on affirmations. Take a look! Our team is here for you, so please reach out if we can be of service. https://cvescrow.com//affirmations-a-few-thoughts-from-ou/

A new year always represents the opportunity to grow personally and professionally. So, today we wanted to share with you some of our favorite apps that can help make that a reality. And, our team is here for you, so please reach out if you have questions or need escrow support. We’re here to serve you! https://cvescrow.com//uplo/CVE_FL_Goals-and-Apps_12_20.pdf

Joe Curtis, our COO, and resident data geek, recently shared this super helpful graphic outlining current conditions in the Southern California real estate market and some corresponding thoughts. Take a look! Well, 2020 is now in the books. Thank God! What a year. What a ride in the real estate industry.... No real surprises in December over November. We saw a normal decline in all of our month over month indicators - inventory down in the double digits across all counties in southern California. The biggest notable here is the almost 50% decline month over month in new listing for Orange County. Rates are still low. Inventory is seasonally low and in southern California - historically low (see Michael Simonsen's latest video on the market https://lnkd.in/gygiMnk Bonus: you get to see his new stash Cancellations are a bit higher month over month but I'm not overly concerned - December is typically a "month of reckoning" where we have a rush to close many deals before year-end and they either close or cancel. Wishing you all a strong 2021. Let me know how you think the southern California market will shake out in Q1 in the comments below. #pangogroup #marketdata

The pandemic ushered in many new methods to facilitate selling and buying a home, and some experts are anticipating that some of these practices will stick around for good. Some of them may surprise you. You can read more here. https://www.realtor.com//covid-19-pandemic-changed-sellin/

The California Association of REALTORS (C.A.R.) has advocated for many of the provisions that would provide relief to REALTORS, including extensions of Pandemic Unemployment Assistance (PUA) benefits and additional forgivable Paycheck Protection Program (PPP) loans through the $900 billion stimulus bill. You can read the full details here. https://www.car.org/aboutus/mediacenter/news/decstimuluslaw