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Sep 21 2017

Is California real estate doomed?

Will California real estate problems be solved by residents moving away?

california real estateSome very interesting data today on what people think about living in California. More frequently than ever, I am finding that the California real estate market is encouraging more and more folks to look into moving out of state.We will review some new data that shows the numbers we talked about last time have gotten MUCH worse and more people than ever want out of the state – particularly the working age population. Todays Links:

  • https://www.housingwire.com/articles/41342-bay-area-residents-consider-great-exodus-in-response-to-rising-home-prices
  • http://www.zerohedge.com/news/2017-09-20/existing-home-sales-slump-1-year-lows-nar-says-theres-simply-not-enough-homes-sale

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