Frenzy Cruise 2024

by | Mar 27, 2024 | Bubbleinfo TV, Frenzy Cruise | 3 comments

How do buyers decide how much to pay over the list price? These days, the standard seems to be around +$100,000 over the list price, with a few outliers.

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
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3 Comments

  1. The Falcon
    The Falcon on March 28, 2024 at 11:14 pm

    Laker Joe speaks the truth when he predicts that people will be leaving San Diego to buy property and raise their families elsewhere, where they can actually afford a home. Saw this happen regularly during the last bubble era. It was actually a bummer.

    I have my doubts that these price levels will be sustained/increased as we get into the 2026-2029 period.

  2. Jim the Realtor
    Jim the Realtor on March 29, 2024 at 7:05 am

    I would agree.

    I doubt we will have a boomer-liquidation event, where home values plummet all at once.

    More likely to trickle down over a number of years.

  3. CB Mark
    CB Mark on March 29, 2024 at 11:13 pm

    As for having a house on a golf course that is unlikely to be hit by an errant golf ball….well, you haven’t seen me play!

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