The Mt. streets in Clairemont! Hat tip to Mike!
https://www.facebook.com/groups/182165938517253/
by Jim the Realtor | Sep 15, 2016 | Jim's Take on the Market, Local Flavor | 5 comments
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
They are talking to the wrong experts: Some experts predict home prices will rise less this year than last year, because values can only get so high. Home prices, sales jump 13% in January https://www.latimes.com/business/story/2021-02-22/southern-california-january-home-prices-jump
The north San Diego County coastal region has never been this hot - more houses in escrow than for sale! https://www.bubbleinfo.com/2021/02/23/nsdcc-pendings-overtake-actives/
Amazing how much more our dollars were worth back in those days. Pretty soon we’ll be like the Weimar Republic and have to use virtual wheel barrels just to buy a loaf of bread!
Thanks Bernanke, Greenspan, Yellen, Et al.
When I bought the former model in Clairemont 20 years ago, the original owner gave me a copy of that flyer
Ahhh, $16k for a new home. Now you get that 55-58 year old house without updates for $600-700k. And people wonder why multigenerational housing has made a roaring comeback…
In 1987, my late husband and I bought an ocean–view lot for $50K in Hawaii–so we could build our first home. I still remember my mom saying, “Susie, I remember when Daddy and I bought our first house in Lubbock, Texas in 1943. It was listed for $15K and we offered $11K and got it.”
It worked out for us. With a lot of sweat equity, we built the home. It doubled in value in just four years when we sold–and that’s when I became addicted to real estate.
Next time I hear a boomer complain about real estate…
Try being young today. Houses are crazy priced. Schooling is crazy priced. The cards are so stacked against you its not right.
Just an FYI 16k in 1960 = 130k in 2016 according to the per year average CPI (consumer price index)