Another fixer in Old Carlsbad blowing out for more than $1 million. The agent said he expected ten offers!
Basswood
by Jim the Realtor | Nov 13, 2020 | Bubbleinfo TV, Carlsbad, Jim's Take on the Market | 1 comment
by Jim the Realtor | Nov 13, 2020 | Bubbleinfo TV, Carlsbad, Jim's Take on the Market | 1 comment
Another fixer in Old Carlsbad blowing out for more than $1 million. The agent said he expected ten offers!
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He did it! Joe Musgrove has thrown the first-ever @Padres no hitter!! Padres win in Texas!
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.
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