Bay Area Tech Realtor Nagaraj Annaiah

Major SHIFT is happening in the Bay Area Housing Market

June 06, 2022 Nagaraj Annaiah Season 1 Episode 23
Bay Area Tech Realtor Nagaraj Annaiah
Major SHIFT is happening in the Bay Area Housing Market
Show Notes

Major SHIFT is happening in the Bay Area Housing Market
Hello and welcome back to the new edition of Bay Area Housing Market Update. I am Nagaraj Annaiah, your trusted tech realtor from the Bay Area. Did you know that there's something huge, something massive happening in the US Housing market? And that it's being reflected in the Bay Area as well?. In this show, I will give you some insightful news about new home sales, $30,000 price cuts, and the general slowdown in the Bay Area housing market. This is great news for home buyers. The sellers can profit here as well. If they don't sell sooner, they will lose out due to the price drops in the upcoming days and months. Stay tuned.

00:00 Intro
00:51 Tumbling World of Real Estate
02:21 Price Cuts of 30% on Zillow
03:22 More New Homes on Market
04:17 One in 5 Sellers Dropping Price
04:50 Existing Home Sales Are Down
06:04 Conclusion