Southern California: Have you noticed a change in demand for the Condo vs SFR market since the rate hike?
I currently have my condo listed for sale, with the intention of buying a SFR. I have my place listed at the same price point the last two identical units have sold for within the last month. Keep in mind, my unit is in a better location and is more upgraded.
I had an open house on Saturday and only had 4 visits. While my open house was going, I went to 6 open houses for SFR’s which were all busy.
My initial thought was maybe the rate hike is affecting the condo market and has not hit the SFR market yet.
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source https://www.reddit.com/r/RealEstate/comments/tq6jht/southern_california_have_you_noticed_a_change_in/
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