Last January I compared buying and selling real estate to making a particularly difficult putt…with the game on the line…in front of a crowd. I can’t say things are much different going into 2022, but where we are in the game has shifted.
Keep reading for local market stats for Rancho Santa Fe, Del Mar, and Solana Beach, as well as a list of the homes sold in Rancho Santa Fe in December. Amid inflation and still low interest rates, luxury real estate remains a trusted investment and important asset class in your portfolio, worth the effort in this market.
Instead of being on that final green – we’re in the tournament. Every shot counts but you have to keep an eye on the long game. Bradley Nelson, Chief Marketing Officer of Sotheby’s International Realty says the (multi) million dollar question is, “How high do prices have to go where someone who owns multiple properties says, ‘The demand is so high, it’s time to sell?” I might not be able to help you with golf, but I can definitely help you with that. Is it time for you to get in the game?
To all my exceptionally talented and knowledgeable golf friends and clients - please feel free to help me with my golf analogies, I’m sure I’ve butchered something LOL! ⛳
Linda
Click to download Market Reports for these areas:
92067 - Rancho Santa Fe
92091 - Rancho Santa Fe
92014 - Del Mar
92075 - Solana Beach
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A Sotheby's International Realty 2021 Survey asked agents if any clients were interested in purchasing properties with crypto and 14.7% responded yes.
I'd love to know your thoughts on this!
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Weekend Reading
Read BLOOMBERG's coverage of the Sotheby's International Realty brand new LUXURY OUTLOOK report for 2022.
The Luxury Outlook report is an in-depth exploration of high-end residential markets across the globe.
