“The $565,330 August median price dropped 1.8 percent to $555,410 in September” according to the California National Association of Realtors. California home prices fell from August to September 2017. The housing bubble in the United States is now just as big or bigger than home prices were prior to the collapse of the previous bubble in 2008 which marked the beginning of what is now called “the great recession”. The month to month decline is the first step in indicators pointing to a larger downturn in 2018 and beyond.
California Housing Bubble Begins to Crack: Home Prices Fall State-wide #buy #homes in the #USA #realestate