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MISSION VALLEY | SORRENTO VALLEY lic #: c10-0000323-lic / c10-0000634-lic
1299 CAMINO DEL RIO S. SAN DIEGO, CA 92108
10150 SORRENTO VALLEY RD. SAN DIEGO, CA 92121
4S Ranch, Crosby Estates, Del Sur, The Lakes, Santaluz www.localumbrellanews.com
April 2021 | VOLUME 6 | ISSUE 4
Where is Our Local Housing Market Headed?
LATEST LISTINGS INSIDE Pages 16 & 17
Brokers Corner Read on pages 2-3
Renovate Now, Pay Later Read on page 14
Da Mole Report Read on page 14
Shay After Dark Read on page 15
Travelling with Troy
Read on page 15
OPINION BY RAY SHAY With about 25 years in law enforcement and 16 years as a local real estate professional, I thought I had seen just about everything, but I did look twice a few days ago when we closed on a condominium home for more than $150,000.00 above the appraised value. Both the resale and the new home purchase market in 92127 are especially hot. This accelerating housing market running parallel with a worldwide pandemic has resulted in a unique set of market conditions. I do not know how long this acceleration of home prices will continue, but I do know that historically, real estate sales are cyclical and a positive run-up will likely not last forever. Read more at ….. 92127 Housing Market - Page
Better Call Ray Shay!
Keller Williams Luxury International
DRE 01946504
5 New Coming Soon Read on page 18
Paparazzi
Read on page 19