Experts Weigh in on What's Next for the Bay Area 2023 Housing Market
It’s been quite a year for the Bay Area’s real estate market. After a hot 2021, 2022 also started out hot, but fizzled in the latter part of the year. As interest rates went up, stock markets became fickle while tech layoffs continued. This meant that the Bay Area housing market started to contract for the first time in a long time. As reported recently in the SFGate, one report said that the Bay Area metro is not the least affordable housing market in the nation anymore. The
San Francisco Home Prices Could Come Down Further Than Any U.S. Metro Area in the New Year
San Francisco could potentially see the lowest decline in home prices of any U.S. metro area in 2023, according to a housing price forecast from Zillow. As reported recently in The San Francisco Standard, the real estate data company’s Home Value Forecast has projected that home prices including single family homes, condos and co-ops, are likely to decline by 3.6% by the end of October 2023, compared with the same time this year. That is the largest drop of the 100 metros lis
