Large-scale shifts triggered by work-from-home, staggering unemployment crisis, and oil-and-gas bust. Rents respond in real time.
Those markets are already getting hit.
“Extend and Pretend” forevermore?
The evidence keeps piling up.
More signs of a move from the cities to the suburbs? Supply of houses is tight; condos are piling up.
Sellers are suddenly coming out of the woodwork. Housing market is having a moment.
And this, after years of being unwaveringly bullish in its housing market predictions.
Rents in San Francisco are still crazy-overpriced.
No, it’s not yet a reflection of home prices during the Pandemic. Be patient. Reporters or spaghetti-code algos should have read the methodology before misleading their readers.
The market is facing a historic mess.