San Francisco home sales were down about 35% year over year in May 2023.
“With the benefit of hindsight, the second half of 2022, and more so Q4, was a buyer's market for one of the only times in living memory,” Jeff Tucker, senior economist atNew listings are 34% lower than in 2019, according to data provided to SFGATE by Zillow. Overall inventory is down 22.6% from 2022 and is 32% lower than in 2019. That means the Bay Area could be seeing steeper price declines right now, but since inventory is still declining, prices are buoyed.
With interest rates exceeding 6.5%, it’s unlikely that the market will change drastically either way anytime soon. “The thing about high interest rates is it's just bad news for both buyers and sellers,” Tucker said. The Bay Area is also one of the few places in the country where it’s still cheaper to rent than to buy. San Jose has the widest gap — it’s 165% more expensive to buy than to rent, according to
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Multiple shootings reported in San Francisco, authorities saySan Francisco Police and Fire are responding to multiple shootings in San Francisco.
続きを読む »
Schertz PD releases ID for woman’s body found along Interstate 35The woman’s body found along Interstate 35 on Friday morning has now been identified.
続きを読む »
Woman found dead along I-35 access road in Schertz identifiedSchertz police are seeking information in an ongoing investigation.
続きを読む »
Police: DWI driver crashed into Schertz police vehicle on I-35 overnight, officer injuredA Schertz police officer narrowly escaped disaster after their patrol vehicle was hit by an alleged drunk driver overnight on I-35, according to Schertz Police Department.
続きを読む »
At least 5 killed, 35 wounded in Chicago weekend shootingsAt least five people have been killed and 35 others have sustained injuries in shootings across Chicago so far this weekend, authorities said.
続きを読む »