Our new listing in NE Carlsbad with some commentary on market conditions:
Carlsbad Entry-Level
by Jim the Realtor | May 22, 2022 | 2022, Bubbleinfo TV, Carlsbad, Frenzy, Market Conditions | 4 comments
Our new listing in NE Carlsbad with some commentary on market conditions:
I very much like your comments!!! I think a lot of people just look at the past market and just assume the same thing is going to happen like what happened in 2008.
Keep up the great work
5% mortgage rate is going to shut down the market? That guy is an economic genius. My first mortgage was over 13% in 1984, when we were just coming out of a recession! Though I did get pretty adept at refinancing over the subsequent years as rates came down.
5% no. 9% yes. My first mortgage was a 10.75% 10 year fixed over 30 years. 4-7% is laughable.
With remote work now feasible, the buyer’s pool that does not have a house in coastal SD county has shot up astronomically. Jim has hit the nail on the head with his commentary. Drive around coastal SD county and you will see license plates from all over the country.