It’s official: Bay Area home values are finally going down
sfchronicle.com
sfchronicle.com
There was a slight month-over-month decrease in typical home values from May to June for five out of the top 50 largest metro areas: San Francisco, San Jose, San Diego, Austin and Seattle. Matt Kreamer, data spokesperson for Zillow, said the main theme among these areas is affordability.
'slight' you can hardly see it on the accompanying chart. Talking about a tiny hair of a decline. Bay Area homes have not been affordable for decades and i don't expect this to change.