Bay Area Home Sales Slowing | home sales reach 30 year lows despite strong demand
Bay Area Home Sales Slowing | Home sales reach 30-year lows despite strong demand youtube blog podcast home sales reach 30-year lows despite strong demand from Millennial buyers Millennials are hungry for homes, but high rates are keeping them from buying. Yeah, I hear this a lot. However, there's no shortage of buyers. I don't know how to explain this to you other than houses are continuing to sell. So here it's saying high cost of living, affordability, interest rates, Everything is making it more and more difficult for people to buy houses, but people are still buying houses. Current Inventory Trends So you tell me, especially here now in the Midwest, yesterday, looked at inventory across the U S and we saw that the numbers are continuing to go up in Florida and Texas and the Midwest, and all those numbers are continuing to go up here in the Silicon Valley, in the Bay area, outside of Napa. Inventory still sucks, right? So here, more people can afford to b