Home Prices Sink in Four Cities That Were Once Red Hot

Goldman Sachs predicts that home prices will sink 19% in Austin, 12% in Seattle, 16 in Phoenix, 15 in San Francisco by late 2024. If you can stomach the interest rates like six and a half right now, those markets are good place to start looking around the buy. The housing market overall remains tight, but those four cities have seen big increases in inventory and supplies overwhelming demand. It's not the same in the rest of the United States.