Have noticed a ton more houses for sale in my city, about double of last year. Prices have declined and houses are staying on the market longer. I think people thought interest rates were finally going to go down but with the fed keeping them at their current levels there’s a lot of owners trying to get out of the market while it’s still relatively up. I suspect within another year the bubble is going to burst.
The fed = USA.
Yep, Southern California specifically
Thanks. How is Inland Empire these days?
Not great, but no revolution yet… I can smell it coming though.