4S Ranch April 2021

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PRSRT STD U.S. POSTAGE PAID SAN DIEGO, CA

SUPER EDIBLE STORE DELIVERY & MORE ...

10% OFF DELIVERY | CODE:SDRC 15% OFF MV IN STORE ONLY 20% OFF SV IN STORE ONLY NOOPWEN COUPON VALID UNTIL : 05/15/2021

PERMIT NO. 3175

LOCAL POSTAL CUSTOMER *******ECRWSSEDDM****

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


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