Ref: https://youtu.be/W4_S7i8j2g8#tech #tech Goldman Sachs: San Jose, Fremont, San Diego home prices to crash 25% more in 2023 . It's long due. Fremont, San Jose housing prices are still way overpriced. It's meant to crash so that prices will go back to at-least 2019/2018. If anyone is thinking of purchasing a house, 2023 would be the worst time to invest in a house. Im a homeowner, but anyone who tries to defend the current home prices are either sellers or homeowners who think their status is defined by how expensivetheir house value is. Don't listen to them and lose your hard earned money. I and my family did it in 2004/2009. You can't see prices going down, but it will. Also don't ever buy a home in non school district in this still super high expensive market. They will crash first and crash very hard #housing #bayareahousing #recession #housingrecession #housepricecrash
It’s pheonix not Fremont
Generally I avoid buying things that are twice as expensive as they were 5 years ago
No gas at home?
Lol won't happen
Im a homeowner, but anyone who tries to defend the current high prices are either sellers or homeowners. Don't listen to them and lose your hard earned money. I and my family did it in 2004/2009. You can't see prices going down, but it will. Also don't ever buy a home in non school district in this still super high expensive market. They will crash first and crash very hard.
This guy shares some data on the article published by Goldman Sachs. TL'DR : from peak we have already seen the 25% drop. Is goldman expecting further 25% drop? ( baseline being Jan 2023 prices ) https://www.youtube.com/watch?v=7wVWRTnd7dQ
I hope this is true. I would love to buy a home down there. … as do many others. Which is why im doubtful 25% will happen.
Everyone is shooting predictions from their you-know-where. All these predictions are as unreliable as the others.