Quote:
Originally Posted by BMW F22
I sure hope there will be a correction. I agree that prices are overinflated. However, with all the foreign investors paying cash over asking price, I don’t know if there will even be a correction. I sure am hoping for one.
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I think the Bay Area is an exception to the rule, even during the 2008 market crash the housing prices did not dip, at least not in the North Bay or SF. I agree a correction is absolutely necessary but the demand is constant and that doesn't provide any relief.