What was the all-time high for San Diego County’s median sales price?
I see different stats all the time, one for new/builder homes, one for condos, one for previously occupied homes, etc. But I never seem to find the all-time high median for the simple, straightforward single-family residence. Not that it’s extraordinarily relevant in the real world, but it is the headline after all.
‘Soft landing’is out the door and she cannot even think of another phrase to use. Is that because she is too proud to call it like it is, or because the situation is so perilous right now that words simply cannot convey the multitude of factors aligning to sink the housing market right now?
It means that the builders know what’s coming and are slashing prices to get out as fast as possible. They can’t sit on inventory like the resale market. Resales are sticking tough on their prices and finding enough fools to buy to keep the resale median afloat.
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