The priciest markets north of the San Francisco Bay.
Even as the Fed floods the market with $400 billion in four months, with stocks at record highs, and reality pooh-pooed as irrelevant. What’s different this time?
Prices fall year-over-year in San Francisco Bay Area & New York condo market. Seattle below June 2018. Chicago nearly flat year-over-year. Other markets lose steam. Phoenix, Tampa, Charlotte surge.
“The market doesn’t care what you think.”
Prices skid in the San Francisco Bay Area, Seattle & New York. Other markets lose steam. A few power on. Crushed markets scramble to new (low) highs.
It has been shrinking its way out of the City for years. And it’s not the first major company to make the move.
It’s not always in the states with the highest home prices.
But rents surge in 22 other markets by the double-digits.
The cities that are not among “the most splendid housing bubbles.”
Despite startup millionaires, house & condo prices in SF Bay Area and condo prices in NY City fall from a year ago. Seattle down again. Los Angeles, Las Vegas lose steam. Phoenix, others running hot.