Will real estate prices in san francisco go down?

I heard a rumor that real estate prices are going to go down soon in San Francisco. I want to buy a house, but I don’t want to get it in a seller’s market. San Francisco seems like a good place to keep the value of my investment, but if the prices are going to go down then maybe I should wait.

Answer #1

Home prices seem to be static everywhere at this point, and dropping in some markets.

From anecdotal evidence of my friends in that area, prices seem to have stabilized, not dropping.

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