A reader mentioned the new Pardee tract in Pacific Highlands Ranch near the existing Brightwater and Hampton Lane tracts, which have been selling briskly (at least in the smaller-sized phases they are dripping out). Here is a brief video tour of PHR:
Klinge Realty Group
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He did it! Joe Musgrove has thrown the first-ever @Padres no hitter!! Padres win in Texas!
New post (Market Conditions and Strategies) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2021/04/09/market-conditions-and-strategies/
Agree - and if buyers back off, the worst thing that will happen is a prolonged stagnation. Because future sellers are going to want these prices or more, and they will be willing to wait until they get them.
@Bubbleinfo I'd call it "price risk", not "bubble risk". Price declines are possible (maybe even likely in some areas), but cascading price declines require loose lending (forced sales), and we aren't seeing that.