Where San Francisco sellers are moving in 2022

Redfin published an interesting (if not a little bit suspect)
list of destinations for San Francisco home sellers. The real
headline should probably be more about where they have searched
rather than where they actually end up going, because frankly,
some of the cities on this list seem like a stretch. In any
event, we will do a quick review of this list of locations - they
may spell opportunity for saavy buyers or investors.


We will also spend some time looking at the latest home builder
confidence numbers and actually home construction data. Mortgage
demand continues to be at record lows and it looks like San Diego
is about to get hit pretty hard and might just turn into a great
opportunity.


All links provided below!


 


Links:



https://www.redfin.com/blog/where-people-leaving-san-francisco-are-considering-moving-to/


https://calculatedrisk.substack.com/p/september-housing-starts-record-number


https://www.cnbc.com/2022/10/18/homebuilder-sentiment-drops-to-half-of-what-it-was-six-months-ago.html


https://www.cnbc.com/2022/10/19/mortgage-demand-drops-to-a-25-year-low-as-interest-rates-climb.html


https://realtybiznews.com/a-look-at-san-diegos-fizzling-real-estate-market/98774913/



 


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My goal is to share my insights and opinions relating to real
estate so that you can make the best possible decisions in
achieving your real estate dreams. If you are interested in
buying, selling or investing anywhere in Silicon Valley, Morgan
Hill, San Martin or Gilroy - I would love an opportunity to
discuss with you what I can do to help you get the best outcome
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