I follow an app called Reventure and it is quite alarming to see other markets, including Texas and Florida, coming down dramatically. I think most Californians believe it can’t happen here. But if the stock market does not hold, real estate will come tumbling down. 2024 is likely to continue strong but I have much less conviction for stocks and Bay Area real estate in 2025. Appears to me that sentiment is changing.
That is a really interesting app. Californians believe it can so don’t worry about that. One interest rates increased a lot in 2022 home prices dropped by 25% within six months so nothing is invincible. There are always dips when you magnify anytime. But the question is focusing on the long-term, which place is it likely to support higher prices. If one is bullish, then they buy, but if they are bearish, then this is the right time to liquidate assets. real estate is no different.
![Bay Area Real Estate Trends: Why Prices Keep Rising [November Update]](/img/1.gif)
You're giving me clearvaluetax vibes. Keep up the good work.
Thanks much!
I dig that you kept it short and got to the point.
No need to fluff
curious other than investment, is there really a demand for buying but not renting?
Confused with your question. Can you clarify
I follow an app called Reventure and it is quite alarming to see other markets, including Texas and Florida, coming down dramatically. I think most Californians believe it can’t happen here. But if the stock market does not hold, real estate will come tumbling down. 2024 is likely to continue strong but I have much less conviction for stocks and Bay Area real estate in 2025. Appears to me that sentiment is changing.
That is a really interesting app. Californians believe it can so don’t worry about that. One interest rates increased a lot in 2022 home prices dropped by 25% within six months so nothing is invincible. There are always dips when you magnify anytime. But the question is focusing on the long-term, which place is it likely to support higher prices. If one is bullish, then they buy, but if they are bearish, then this is the right time to liquidate assets. real estate is no different.