Now that we’re reaching some equilibrium, let’s dissect the buyer pool. As recently as two years ago, 60% of buyers were probably interested in properties priced 10% over comps. Now it needs to be a real specialty product to garner attention if priced above retail – and having interest is different than actually paying over retail:
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 (NSDCC Jan + Feb Listings & Sales) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2021/03/08/nsdcc-jan-feb-listings-sales/
New post (Inventory Watch) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2021/03/08/inventory-watch-295/
If Pho-town is 30% yoy by June then yippie-kay-yay but I predict that San Diego beats them by then. I sold a SD house yesterday that was priced at full-retail for $178k over list.
Phoenix House Prices Up 21% –
Likely Up 30% By June