aja8888
Moderator Emeritus
Some interesting reading (short article):
https://wolfstreet.com/2023/01/19/s...ces-plunge-30-from-crazy-peak-housing-bust-2/
https://wolfstreet.com/2023/01/19/s...ces-plunge-30-from-crazy-peak-housing-bust-2/
Home prices for all of California are down, Southern California too is getting hit, even San Diego, but the Bay Area is the standout in terms of the steep and deep plunge in prices.
Sales of single-family houses plunged by 37% year-over-year in the Bay Area. But in Southern California, where price declines haven’t been that huge yet, sales collapsed by 48%. In all of California, sales plunged 44%, to 240,000 homes, just a hair higher than during the bottom of Housing Bust 1 in late 2007.
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