Enjoyed my front row seat for the two days of showings I was in town. Talked to many of them to get a sense where they were coming from, who they were and who they werent.
Who they werent. They werent foreign buyers or first generation Americans.
Who they were. Families with school age kids from the area looking to move up or from the Bay Area/LA looking for better quality of life and schools. Id guess mostly mid 30’s to mid 40’s. A few had grown up in SD county and now that work allowed them to WFH they saw this as an opportunity to come back to a place they loved with jobs that previously werent available here.
In my neighborhood of about a thousand homes, nine came on the market in the last 30 days. All sold the within a week with multiple offers. Two fell out of escrow and went right back in. Currently nothing available as we are about to hit the peak demand of early May. Records have already been set and likely more to come.