Prediction on SD Pricing

Written by Jim the Realtor

August 20, 2022

These guys are among the most negative in the business, so if they have San Diego County home prices changing –3.65% between now and the end of 2023, and then -2.9% by the end of 2024, then prices in the better areas will be positive.

The most likely to happen is that we’ll see a few wild sales at the extreme ends, and those will get the headlines.  The rest will be +/-5% of the comps.  Most will just fumble along – just like during the frenzy – with little or no quality data or advice.

https://fortune.com/2022/08/15/falling-home-prices-to-hit-these-housing-markets-in-2023-and-2024/

 

4 Comments

  1. Dam

    OT – Jim what’s your opinion on this horrible situation in Portland?

    Do you see this happening in San Diego?

    https://youtu.be/UTvyaiJy5xE

  2. Jim the Realtor

    OT – Jim what’s your opinion on this horrible situation in Portland? Do you see this happening in San Diego?

    Do I see the SD media exploiting homeless situations? Not too much, but judging by the 230,000+ views of that YouTube, we will probably see more like it.

  3. Jim the Realtor

    Any ideas why this house in Carmel Valley fell out of escrow twice?

    Edward – it looks like you bought a lot with another agent after pimping me for free advice? You don’t get to read this blog any more. Go ask your agent why it fell out.

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