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/
OT – Jim what’s your opinion on this horrible situation in Portland?
Do you see this happening in San Diego?
https://youtu.be/UTvyaiJy5xE
Any ideas why this house in Carmel Valley fell out of escrow twice?
https://www.compass.com/listing/4778-thurston-place-san-diego-ca-92130/25194923049395361/
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.
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.