San Fran Home Sales Crash To Lowest Level Since 2008 As Pricing Reset Gets Underway

by Tyler Durden
ZeroHedge.com
Nov 18, 2016

We have frequently written over the past couple of quarters about the bubbly San Francisco housing market that looks set for another epic reversal as home prices have reached staggering new highs just as employment levels seem to be rolling over. With home prices now implying that only 10-20% of residents can afford the “median” priced home, it’s certainly not difficult to understand why demand may be waning.

The Rest…HERE

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