Solana Beach Pendings

by | Oct 6, 2010 | Jim TV, Market Conditions, North County Coastal | 10 comments

Think it’s just Carmel Valley where’s there has been some recent action?  Nope, Solana Beach has seen some pop too – check the youtube below.  Carlsbad and Encinitas are on deck!

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
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10 Comments

  1. MB Mike
    MB Mike on October 6, 2010 at 2:45 pm

    The strength of the market in Solana Beach is truly stunning.

    Sorry CA Renter, I couldn’t help myself. Odds are, you’ll probably read a couple more similar messages right after Jim does Carlsbad and Encinitas.

  2. osidebuyer
    osidebuyer on October 6, 2010 at 3:10 pm

    and then Oceanside!

  3. CV Owner
    CV Owner on October 6, 2010 at 3:22 pm

    Oceanside? LOL. I’d like to see the Carlsbad one as I’m looking to buy a second home. West of 5 would be nice.

  4. W.C. Varones
    W.C. Varones on October 6, 2010 at 4:14 pm

    I think what’s driving this is the same thing that’s driving gold to new highs every day.

    People see what the Fed is doing and they want to get into hard assets, out of the dollar.

  5. osidebuyer
    osidebuyer on October 6, 2010 at 4:46 pm

    @ #3 I’m missing the humor

  6. Art Eclectic
    Art Eclectic on October 6, 2010 at 4:57 pm

    My refi is closing tomorrow. I am surprised to find in the paperwork an escrow impound account for my property taxes. Makes me nervous not having control of those funds….

    Any opinions out there in the peanut gallery?

  7. W.C. Varones
    W.C. Varones on October 6, 2010 at 5:11 pm

    Art,

    Not ideal but I wouldn’t worry about it. 6 months of property taxes is a relatively small amount to have at risk. And if the bank gets in trouble, they’ll get a bailout or at least an FDIC-assisted transaction like everyone else does. The government has pretty much nationalized counterparty risk at least with respect to mainstream banks.

  8. Eli
    Eli on October 6, 2010 at 6:01 pm

    $1.67M for the yellow one… what gives Jim?

  9. tj & the bear
    tj & the bear on October 6, 2010 at 11:26 pm

    WC,

    Yeah, well, even SD housing prices are going down in terms of gold. Houses are not so much hard assets as soft targets. 😉

  10. CA renter
    CA renter on October 7, 2010 at 2:08 am

    W.C. Varones,

    Yes, I agree 100% with your theory in #4.

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