I suppose this is on me for being unclear on the nuance, but: it’s fascinating to me how many of these replies state the obvious about a weak housing market nationally or are simply a chance to say why they hate California specifically.
Mike Simonsen 🐉
Mike Simonsen 🐉22.7. klo 06.40
California unsold inventory is now back to levels not seen in 8 years. Up 37% over last year. Open question for your speculation: Why now? We know why inventory is climbing in FL, TX, AZ, etc. (migration is way down, fewer buyers moving from the northeast.) But CA has had net negative migration for a long time and inventory stayed low much longer than those other states. What's a good hypothesis about why CA inventory is climbing this year, finally? What is it about 2025?
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