San Diego is the #1 area that homeowners don't want to leave! Don't you get the feeling that we are going to out-perform every other real estate market in America for a long time to come? Today we have 2,293 active listings of attached and detached homes in the county...
Powell's goal was to crush the real estate market..... In June 2022, Powell told reporters that spiked mortgage rates would help to "reset" the U.S. housing market, and that "we need to get back to a place where supply and demand are back together and where inflation...
My thoughts below on how this year should wrap up. Buyers don't have any reason to rush anything because rates and prices don't seem to be going anywhere over the next few months. It will cause them to be extra picky which will tempt everyone to look ahead to the next...
The number of active (unsold) listings has been on the rise, and is now 13% higher than it was a month ago - though I would still characterize the current market conditions as steady. Compare your stats from this month to last June and July when higher rates had begun...
Here are expert opinions on the market. I disagree with all of them: The year started out with signs showing that the Federal Reserve’s inflation-fighting tactic was effective in cooling down the hot pandemic housing market. For the first time in 11 years, home prices...
The experts are saying that real estate has recovered and everything will be fine now, in spite of high rates. They are quick to add that nobody can predict the future! Well, it looks fairly predictable to me. The previous three years plotted above were the hottest...
Above is a sampling of the 163 NSDCC detached-home sales in May! Some details here:
It looks like we had 18% more net migration in the previous period. We need more people leaving, not less. We need to get into the Top 5 here. We can do it - let's go San Diego!...
Let's pay attention to current events: View this post on Instagram A post shared by Klinge Realty Group @ Compass (@klingerealtygroup)
As recently as last year there was concern about people leaving the state. But now we are begging you to leave....please! And we'll shower you with money! The future migration trends - starting in 2023 - should show a remarkable pivot and either everyone who was going...
