For most of the long-time homeowners in San Diego County, it was fortuitous to have purchased a home here 10, 20, 30 years ago or more and have racked up huge gains in equity while living in paradise. For those who are tempted to cash in their home-equity lottery...
Month: January 2021
2021 Frenzy Contest
Happy New Year.....how about a contest to get it started? My case for a full-blown frenzy is based on having additional supply to fuel the seemingly-insatiable demand brought on by the pandemic - having more homes for sale will help spike sales and prices. Betting on...
Inventory Watch
In the first week of 2019, we had 72 listings priced under $1,000,000. In the first week of 2020, we had 40 listings priced under $1,000,000. Today we have SEVEN listings priced under $1,000,000. Yikes! Get Good Help! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NSDCC Under...
Frenzy Duration
We'll be all frenzied up for the next few months - when will it cool off? The real estate market will likely mirror the course of the pandemic. You've probably heard the comparison to the Roaring 20s - the boom that kicked off when World War 1 and the Spanish Flu of...
2021 Is Off and Running
You won't see the signs of the frenzy everywhere, and probably no signs in the $2,000,000+ market. But anywhere you have one-story houses on culdesacs for under $1,000,000 should be cooking:
Free Cheese
The 2021 first-timers (which usually means those who haven't owned a home in the last three years) who finance up to $753,250 of their purchase get a chance to receive a free $1,250 Lowe's gift card! Your agent starts the process:...
Where To Move
Would you move this year if you could figure out where to go? The chart above helps identify the best values by cross-referencing income and costs. To no one's surprise, living in San Diego comes with a hefty premium! If getting more bang for your buck is important,...
2020 Gratitude
Though last year had many challenges and was the worst year ever for many, it turned out to be a phenomenal year for us, business-wise. We are very grateful for our clients' faith and confidence - many of whom found us here at the blog! The Klinge Realty Group had a...