I’ll add that I am under no illusion that despite being spot on for a couple decades that I will be continue being such. I could be wrong but in life we have to make big important decisions and who we relie on for those is one of them. We can look to data also. Here’s the latest on your latest decision
Your market is stagnating. It is almost 15% below its April 2022 peak. Multiple offers are rare. Inventory is climbing. Houses sell in a month below asking
The San Diego market is slower but stable. It is only 4% below the April 2022 peak. Many homes get multiple offers some with waived contingencies. Homes sell in 2 weeks or less above asking prices on average.
This is not political complaining it is reality and it is data. It is not my data, it is not your data. It is third party data. We are both facing macroeconomic headwinds but we are powering through while you have already suffered a major reversal. There is nothing objective indicating either of those things will change
