San Francisco Defies National Price Slide
National home prices just posted their first annual drop in 3 years, rates eased to 7.24%, but San Francisco bucked the trend while San Jose and San Diego cooled.

National home prices just posted their first annual drop in 3 years, rates eased to 7.24%, but San Francisco bucked the trend while San Jose and San Diego cooled.

SoCal home sales fell 9.1% in September as mortgage rates hit 6.86%, while national pending sales hit a record low and rates finally eased this week.

Sacramento holds a seller's market as supply tightens, while Orange County pending sales hit a 5-year low and mortgage rates ease slightly.

Builder sentiment hit a 14-year low as mortgage rates topped 7%, while CA sales slowed, SoCal affordability tightened, and Bay Area markets diverged.

California's housing market is rebalancing unevenly: list prices dip, mortgage payments hit a record, sales sink in SoCal, foreclosures climb, and buyers walk from contracts.

National asking prices just posted their first annual dip since March as California markets split: San Jose prices fall, foreclosures tick up, and flippers retreat.
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