Inventories Soaring Elsewhere

Written by Jim the Realtor

April 19, 2023

It looks like the San Diego market is surviving the current conditions quite well, while the rest of the country is being crushed by soaring inventory. The Californians must be staying home, and those feeder towns are suffering!

Any town that has a +50% increase year-over-year would be feeling it – which includes virtually every area that people relocating from here would consider.

These are ideal conditions for those who are willing to sell here, and move out-of-state.  Sell here, and go rent there for a year or two? Might as well 1031 your house here, and defer those capital-gain taxes!

Metro Populations:

Link to Bill’s Article

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Jim Klinge
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