An example of how the market is moving – more higher-end sales:
Sellers are enjoying the party.
by Jim the Realtor | May 10, 2013 | Graphs of Market Indicators, North County Coastal | 6 comments
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I'm Jim Klinge, local broker affiliated with Compass. Most tweets are from my blog https://t.co/L9m2r9DMMM regarding North San Diego coastal market. CA DRE #00873197
New post (Kayla and I) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2023/03/21/kayla-and-i/
@Levijameshere It's bananas! The area around I10 and 99 is going to the moon. People are overbidding on rentals. Never seen this with rentals. Texas is looking like the next Manufacturing Hub of the US in the next decade. We may buy San Diego just for the weather and beaches though
@Levijameshere Read that Phoenix/Chandler is getting 4million sqft of industrial and $20B(!!) chip factory 🇺🇸🇺🇸🇺🇸
Jim where can someone get data 92127..92129..92131..92128?
I’ll see what I can do.
looks like a lot of sales also moved up to the next price segment. particularly from the below $700k range to the $700k to $1 mil range.
The tried and true relationship between inventory and price… reaffirmed once again.
“in search of frenzy”
Is the No results found the message ?
JTR everything is relative, how do these numbers compare to pre recession numbers, say 2003, when economic conditions were relatively “normal”? I’d be interested to see how far we still have to go or are we there.
May be a short-lived party. But if you can get something now at a reasonable price, you may be OK for the foreseeable future.