More comments on the slowdown, plus a geyser:
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 home sales up 19% YoY. You can't buy what's not for sale (existing homes), but you can build it. Inventory remains low for both existing and new homes, pushing up prices.
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/