It would be natural to assume that the insanity will settle down and buyers will stop feeling the need to drastically overpay, but who knows? The desperation isn’t going away.

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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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)