The ‘Rancho’ Effect

The ‘Rancho’ Effect

  • Jim Klinge
  • 11/8/18
 
 
People are feeling a ‘change’ in the market, and wonder what will happen. The rapid escalation of prices has turned real estate into a rich man’s game – and you need serious horsepower to participate!
 
As the rest of North San Diego County’s coastal housing market feels the ‘Rancho’ effect, we will see more listings coming to market, listings taking longer to sell, and bigger gaps between list prices and sales prices.
 
In the surrounding lower-priced areas, the action has been much faster – we’re used to the quality homes selling in the first week or two. Let’s compare RSF to Encinitas to demonstrate what we can expect from now on:
 
 
We’ll have more homes on the market, slower market times, and bigger gaps between the list prices and sales prices. It’s how they do it in the Ranch!
 
 
Follow Us

Invest in Your Lifestyle

Jim and Donna recognize that buying or selling a home is more than a business transaction—they help people change their lives! If you want a hands-on approach directed by two agents at the top of their field, reach out to the Klinge Realty Group today.