San Francisco Housing Crash -- NOT Happening
In this brief market update, Austin Klar highlights three critical indicators that suggest the San Francisco single‑family home market is not heading for a crash. First, pending listings are surpassing new listings, causing inventory to shrink both month‑over‑month and year‑over‑year. Second, homes are selling well above asking price and spending only a few weeks on the market, signaling extremely high demand relative to supply. Third, price per square foot is rising compared to the same period last year, showing that the typical summer slowdown has not yet appeared. Klar notes that a price correction would require these trends to reverse, and he adds that falling interest rates could further support price growth. He concludes by offering to continue monitoring these metrics for viewers.
