Realtor Survey, June 2020

by Jim the Realtor | Jul 14, 2020 | Jim's Take on the Market, Market Conditions, Realtor, Realtors Talking Shop | 2 comments

Click here for the city-by-city report:

Monthly Survey of Real Estate Agents June 2020

Jim the Realtor

Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

2 Comments

just some guy on July 14, 2020 at 4:54 pm

JtR,

It seems like mid millions here in Carlsbad is not having the same frenzy as carmel valley or the other beach cities. Pre-pandemic you could chalk that up to substitution effect, but now that everyone is working and schooling from home then Carlsbad looks like a bargain relatively to everywhere else.

or am I wrong?
Jim the Realtor on July 14, 2020 at 5:58 pm

You’re not wrong but we have to wonder what would happen if +10 new listings hit the market in your primary area. Would you grab the best one or back off?

It sounds insane to this old-timer. Back in the day, everybody moved every couple of years – take the tax-free money and move up! There was plenty of inventory!

But now after 1-2 moves, most people have reached a very comfortable level. We’re in the home-run category now. A double or triple isn’t good enough.

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