There are very few quality REO listings around the 92130 – the houses tend to be ones that aren’t worth keeping. If there are homeowners struggling to keep up with their payments, they would be smart to short sale in the next few months, because the exemption from debt-relief taxation expires at the end of 2012:
Klinge Realty Group
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Purchase mortgage applications are still down 10% from a year ago, with mortgage rates nearly doubling in the last 12 months, according to a survey by the Mortgage Bankers Association. https://www.inman.com/2022/06/22/demand-rebounds-as-mortgage-rates-retreat-from-2022-peak/
Mortgage Rates are down from 6.28% just two weeks ago. https://www.mortgagenewsdaily.com/mortgage-rates/30-year-fixed
This will set the new price record in town for non-oceanfront homes (current record is $5.9 million). Andrew White, who starred in HGTV's "Hot Properties: San Diego," has listed his roughly 11,000-square-foot Carlsbad home for $14.95 million. https://www.wsj.com/articles/hgtvs-andrew-white-lists-san-diego-area-home-for-14-95-million-11656452176?st=oqusbizfr5nz73w&reflink=desktopwebshare_twitter via @WSJ