Local Housing Market Cooling Down?

Goldman Sachs is predicting dark days in 2023 for some of the pandemic’s red-hot U.S. housing markets.
STORY: fox5sandiego.c...
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[@Megans358]

Still overvalued by a lot. Some areas have doubled in price and now anyone who has bought recently is underwater on their mortgage. It was a bubble that has now popped.

[@unknowndriver6652]

Not yet now the goverment ia giving families free money to pay their mortgages im very positive there will be no crash the goverment will do anything to prevent it

[@johnjaco5544]

Still way over priced ,big time.

[@theforestisdark9676]

Your typical home priced at 400k is really worth about 250k-275k pre covid which is the real value not this artificial inflation

[@deltafox1]

Mmm still overpriced. Some houses are $900K when they were $400-500K in 2020 the sellers need to get realistic with their expectations

[@unknowndriver6652]

House for sale in 2016 95k
House for sale in 2023 295k
A 10,30 or 50% reduction its not a crash its just prices coming back to normal

[@JTDyer21]

It's about time.