If there aren’t many (if any) quality buys, and potential sellers are reluctant to sell at these prices (though they might get more than they think) – doesn’t that mean sales should be going down the rest of the year?
Klinge Realty Group
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
CA DRE #01527365, CA DRE #00873197
New post (Architectural Marvel) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2022/05/20/architectural-marvel/
Just a flesh wound?
The real numbers presented by @calculatedrisk in today's newsletter are bonkers. When you factor in BOTH increased prices AND jumping mortgage rates, monthly P&I for home buyers is up 69% in one year in San Diego, 59% nationwide https://calculatedrisk.substack.com/p/lawler-the-sharp-increase-in-monthly?s=r 2