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!
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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.
and then Oceanside!
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.
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.
@ #3 I’m missing the humor
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?
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.
$1.67M for the yellow one… what gives Jim?
WC,
Yeah, well, even SD housing prices are going down in terms of gold. Houses are not so much hard assets as soft targets. 😉
W.C. Varones,
Yes, I agree 100% with your theory in #4.