15% Drop in Sale Prices in Oakland, San Jose, & Austin in ONLY 5 MONTHS. - The Great Awakening

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15% Drop in Sale Prices in Oakland, San Jose, & Austin in ONLY 5 MONTHS. (nitter.it)

posted 2 years ago by CoolAsACucumber 2 years ago by CoolAsACucumber +29 / -0

Nick Gerli (@nickgerli1)

?Fastest Housing Crash Markets.15% Drop in Sale Prices in Oakland, San Jose, & Austin in ONLY 5 MONTHS. That's warp speed for a Housing Crash. Some of these markets could be down 20-30% by Year End.?

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– ceegeegee 3 points 2 years ago +3 / -0

Cost to borrow has basically doubled. Saw where the benchmark for a 30-year is now 7.04%.

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