It was last year when Olivenhain homes selling for $3,000,000+ became a regular occurance.
This house?
2019: $2,310,000
2023: $3,965,000 (+72%)
Here is a glimpse:
There were two new Olivenhain listings today that were priced over $5,000,000!
by Jim the Realtor | Feb 17, 2023 | 2023, Bubbleinfo TV, Olivenhain | 1 comment
It was last year when Olivenhain homes selling for $3,000,000+ became a regular occurance.
This house?
2019: $2,310,000
2023: $3,965,000 (+72%)
Here is a glimpse:
There were two new Olivenhain listings today that were priced over $5,000,000!
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
New post (San Diego Case-Shiller Index, Jan) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2023/03/28/san-diego-case-shiller-index-jan-4/
SDSU assistant Chris Acker just made us aware on @JonAndJim that over 50 former Aztecs that played for Steve Fisher and Brian Dutcher will be at the Final Four on Saturday. What an incredible bond.
Because few people service a mortgage for all 30 years (they get divorced, refinance, move or die), mortgage rates are compared to the 10-Year Treasury Note.
While Treasury yields have fallen, mortgage rates are stuck in the mid-6% area.
Huge spread vs. 10-year = 304bps.
And if it sells for 10% less than asking….see? See? CRASHING! It’s like government budgets. Agency X asks for an increase of 15% over the previous year and it gets 5% instead and screams WE JUST GOT A DRACONIAN CUT of 10%!!! PEOPLE WILL DIE!!! And more than half of the country falls for it. Like clockwork.