Mid November Real Estate
Mid November Comments
As the old saying goes, where you stand on an issue depends upon where you sit -- and when someone is going bad they think the world is going bad...
Jean and I have been working North Poway and Rancho Bernado and we are doing well -- so we would naturally think the "market" is doing well. We have seen the Zip Code 92128 market go from 230 listings to 197, and many of those are actual sales. We had just four people through an Open House in an early November Open House, which is not bad for a Saturday -- and more importantly three of the four were semi-serious. Right now we have $2.2 million in Escrow.
BUT, Hidden Meadows is still dead, and it will remain so at least until March. The RB market has to decrease the inventory substantially before HM gets to its feet.