SF real estate
fromwww.housingwire.com
2 months agoHome prices expected to dip as supply and demand collide
The housing market is experiencing a decline in prices due to higher supply and reduced buyer activity.
"This is a trend that we have seen firsthand for years in our travels through Europe and Asia, noting that it's finally gaining momentum here in the United States."
Buyers today-especially millennials and Gen Z-are zeroed in on what a home does, not just how it looks. They want eco-efficiency, built-in connectivity, and amenities that make life smoother.
Jenell Moffett, chief impact officer for DAA, told Austin Monitor that while the office market has cooled, several major public infrastructure projects totaling more than $20 billion are moving forward at full speed.