Here is some of the evidence of what’s been happening lately:

Jim Klinge
Klinge Realty Group
Broker-Associate, Compass

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
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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We need more people like Steve
Steve Kerr on today's tragic shooting in Uvalde, Texas.
Average price of a new home in the US...
2012: 288k
2013: 337k
2104: 325k
2015: 340k
2016: 369k
2017: 366k
2018: 385k
2019: 385k
2020: 360k
2021: 435k (+21% YoY)
2022: 570k (+31% YoY)
Holy Cr$&?!$”$
Wow! That’s awesome!
Using https://www.usinflationcalculator.com/ that $347,000 house in 1997 would cost $602,768.19 in today’s dollars. So, there’s more than inflation alone causing these insane prices!
Love the Village Park green belts. No way that gets built today.
Not only that, the buyer has now listed the first house in The Cove for rent – $7,500 a month! Talk about a total lack of affordability. Yes the kitchen remodel looks nice, but the sweet sounds of the Alta Mira pickleball court every night are going to get real old, real fast (the condo association sells memberships to the niche between “will wait in line at Poinsettia park” and “I play at La Costa”). Pretty amazing!