While it was known that there is a slowdown in the market, I am witnessing big price drops for houses in Bay area. Moreover the time to sell seems like months together, where it used to be a few days before. I am looking at the Zillow market trends (eg. https://www.zillow.com/almaden-valley-san-jose-ca/home-values/) in addition to personal observation. Offers and purchases are still happening (I am a seller) but I believe this will slow down even further in the next 6/8 months. Am I seeing this wrongly? YOE: 11 TC: 441k
Any links/stats please?
Where is our resident Real Estate guru from Albertsons?
What about the Seattle area? Any insight on it?
If you factor inflation, you realise how price has dropped even quicker than expected
I haven’t see a real dip in San Francisco house prices ... I have been tracking it closely
No drop on the peninsula.
Google USD:CMH and look at the spike
Bay area prices will still drop. BecausE nobody buys when the knife is falling
Not falling yet in some parts of boston
Any stats ?