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San Francisco Leads the Charge in U.S. Home Price Corrections

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San Francisco Leads the Charge in U.S. Home prices reached unsustainable highs in the nation's most popular metros throughout the pandemic, but a major market correction is leading to substantial declines in cities like San Francisco . At least compared to markets like San Francisco, Seattle, and Phoenix.

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These Oversupplied Metros Could See Major Price Drops by Late 2024

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Formerly red-hot housing markets such as Seattle, Phoenix, San Francisco, and Austin, Texas, have seen substantial increases in inventory, and as a result, each metro is expected to see a double-digit price correction by late 2024. Read more Housing Markets Market Data + Trends Housing Markets

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Boise, Phoenix Prep for Big Changes Ahead After Years of Record Home Sales

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Boise, Phoenix Prep for Big Changes Ahead After Years of Record Home Sales. The nation's hottest housing markets aren't so hot anymore. Overpriced metros like Boise and Phoenix are seeing prices drop, sales slow, and inventory levels surge amid a major market cooldown. Housing Markets. Mon, 07/18/2022 - 10:17.

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Case-Shiller House Price Index Reveals Steep September Declines

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Case-Shiller House Price Index Reveals Steep September Declines. Despite persistent annual growth, the September Case-Shiller National House Price Index (HPI) revealed significant home price declines in some overheated housing markets . Housing Markets. Housing Markets. Wed, 11/30/2022 - 10:57. New-Home Sales.

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The Housing Market Is Rebalancing, and Those Who Can Still Afford Homes Are Poised to Benefit

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The Housing Market Is Rebalancing, and Those Who Can Still Afford Homes Are Poised to Benefit. home value now averages $357,107, but home values measured by the raw Zillow Home Value Index fell from June to July in 30 of the 50 largest metro areas, and more could soon follow as the housing market rebalances. Thu, 08/18/2022 - 10:50.

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Could the Fall Season Bring a Cooler Housing Market?

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Could the Fall Season Bring a Cooler Housing Market? August welcomed slower housing price growth and increase in inventory, prepping the cooler fall season for a cooler housing market. The largest drop-offs were in Buffalo, San Diego and San Francisco. . cbroderick. Thu, 09/16/2021 - 10:56.

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Record Share of Homebuyers Relocate for Affordability

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of Redfin users searched for homes outside of their metro areas in the second quarter of 2022 as surging housing costs make cities like San Francisco or San Jose unaffordable and destinations like Tampa and San Antonio more attractive. The typical home in San Francisco or San Jose now costs more than $1.5