I didn’t want to say anything because I figured the board here will scorch us. Right now I have 7 purchase agreements submitted for 7 different clients. Some of them have a remote chance of acceptance, others have a greater chance. A few other clients besides those 7 are sitting on some purchase agreements at the moment and thinking of submitting. My listing in Olde Carlsbad went into escrow in 4 days.
I said it before and will say it again, it will not surprise me at all if we see a bump this spring.
Usual disclaimer – I am not saying this is a bull market or anything like that.
However those who think that all of the nice/desireable areas are cratering immediately will be disappointed. There may be a few heres and theres, but the nicer ones will not crater in the next few months for sure. Check back at the end of summer or winter.
