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Posted on 9/23/23 at 11:52 am to SDVTiger
quote:
I mean San Diego just broke 1mil for the average home price
quote:
Yes I understand all markets are local
Posted on 9/23/23 at 11:55 am to SDVTiger
Very small sample, anecdotal experience.. but my house in Lakeview that we sold a few years ago is again on the market by the people we sold to.. i check the listing every once in a while for shiggles, and ive noticed that it has been on the market now for over a year.. in that year-plus, they have lowered the asking price 4 or 5 times.. if there is a god, then i thank him/her profusely for letting us sell that house when we did .
Posted on 9/23/23 at 11:55 am to SDVTiger
quote:
Equity is on pace for 7% growth this year
This is the national average
So some local areas that went up 40% will drop 20% but still be up 20%
This isnt going to be a 2008 meltdown
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