I saw few houses in Fremont with $100k price drop and it’s not even winter yet. Does this mean housing in Bay Area is having a correction? Anyone else see some other trends? I think by next year it’s gonna go down at least 10% What’s your thoughts?
I’m definitely seeing price cuts on zillow all around the bay area.
Next year another 100k down for 2 million
Every high flying city has
Houses like that in Fremont cost 1.5-2x less in Seattle, whereas TC is the same or even higher. People are simply get priced out and that 100k discount doesn’t help.
With slow down (zillow/redfin price cuts doesn’t lie) and potential interest rate cut (fed is under pressure, trump wants it too) only a fool would buy now. Compund this by the fact that this is summer..peak housing time of the year, definitely time to be on sidelines.
Winter is coming. 2x
Yeah, market isn’t going up anytime soon
Yes .. and more days on market..
The “housing market” is much larger than what’s happening in 1 region. Case-Shiller already does the heavy lift on this for you...
Yep