Home Prices are CRASHING in San Francisco.

Home prices continue to collapse in San Francisco, where the typical value of a house is down nearly 20% from peak according to data from Zillow. And in some parts of downtown San Francisco, condo prices are selling for less than they were worth 10 years ago - in 2014.

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The reason that home prices are dropping so much in the Bay Area is because it's 1) way too expensive and 2) has experienced a large outbound migration of people the last five years.

This combination is leading to higher inventory and desperate sellers who are cutting the prices of houses.
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Видео Home Prices are CRASHING in San Francisco. канала Reventure Consulting