California Housing Collapse just got WORSE (34% Decline in Home Sales)

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Think the California Housing Market is recovering? Think again. The California Association of Realtors just reported that Home Sales declined by 34% YoY in March.

That's the lowest level of homebuyer demand in California's Housing Market since the beginning of the last Housing Crash in 2007.

Why aren't people buying houses in California? Because they can't afford it. Data from the Reventure App shows that typical house payment across the state is $4,500/month. Which is 2x higher than Texas.

Home prices will likely continue declining in California in the second half of 2023 as the recession forces more sellers to list their homes.

Want to access data on the housing market in your city and state? Use Reventure App to do it for free. Here's the link: https://www.beta.reventure.app/dashboard

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REVENTURE APP: https://www.beta.reventure.app/dashboard
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/
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Agent Immobilier - Conseiller Immobilier

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