Send us a text Ready for a real estate reality check? The extreme market swings we've witnessed for years are finally settling into something resembling balance. In the notoriously volatile Bay Area, median home prices have dipped 4% to $1.3 million, homes are sitting for 30 days instead of 18, and only one in five properties faces a bidding war—down dramatically from the two-thirds that sparked frenzies in 2021. This cooling trend creates a strategic window for prepared investors and homebu...
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Send us a text Ready for a real estate reality check? The extreme market swings we've witnessed for years are finally settling into something resembling balance. In the notoriously volatile Bay Area, median home prices have dipped 4% to $1.3 million, homes are sitting for 30 days instead of 18, and only one in five properties faces a bidding war—down dramatically from the two-thirds that sparked frenzies in 2021. This cooling trend creates a strategic window for prepared investors and homebu...
Home Prices Dip in Major Metros: What Investors Need to Know | Real Estate Market Update w/ Martin Perdomo
Wealthy AF Podcast
6 minutes
6 months ago
Home Prices Dip in Major Metros: What Investors Need to Know | Real Estate Market Update w/ Martin Perdomo
Send us a text The landscape of real estate is shifting beneath our feet. In this market update, we uncover the surprising trend of falling home prices across 11 major metropolitan areas—the largest drop we've seen in nearly two years. Cities like San Antonio, Oakland, and Jacksonville are feeling the squeeze most acutely, while national prices continue to rise, albeit at their slowest pace since last summer. Drawing from my own investing experience, I share the eye-opening reality of today'...
Wealthy AF Podcast
Send us a text Ready for a real estate reality check? The extreme market swings we've witnessed for years are finally settling into something resembling balance. In the notoriously volatile Bay Area, median home prices have dipped 4% to $1.3 million, homes are sitting for 30 days instead of 18, and only one in five properties faces a bidding war—down dramatically from the two-thirds that sparked frenzies in 2021. This cooling trend creates a strategic window for prepared investors and homebu...