If mortgage rates around 7% weren’t bad enough, today we are experiencing another major setback to the San Diego real estate market.
Florida has been one of the main destination points for those moving away from here.
How many people who were planning to leave San Diego next year are second-guessing their plans now.
- Would you leave San Diego, and move to Florida, after seeing this hurricane?
- Would you move to Texas after the whole state was frozen over recently?
- Would you move to Phoenix, where the temperature was over 100 degrees pretty much all summer?
Yikes! I expect the local inventory of homes for sale in 2023 to be the lowest ever!