This is a correct analysis. One thing for sure at least in California. If You sell your property an move away theres a good chance you won't be able to move back and buy a house. Some have done that and tried to return in 2 years but ended up renting.
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Originally Posted by AutoXer
We still have a decent market for single family homes in SF. Condos are slowing down. The surrounding areas are pretty slow. Prices have dropped around 5-7% this year, not too bad considering how much prices have gone up in the last few years. The market seem to have picked up the past month though because interest rates have gone down a little.
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