CALIFORNIA Housing Market Forecast for 2024 (from Reventure Consulting)

California's Housing Market is suffering from low inventory in early 2024, and home prices that are still going up.

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However - under the surface, problems are developing in markets like Los Angeles and San Francisco. With homebuyer demand at decade lows and affordability at the worst level in history. Meanwhile, a historic surge of homeowners leaving California continues.

The result is that home prices across California's real estate market could drop in 2024 if inventory and homes for sale increases enough. Especially in heavily overvalued markets like Riverside, Orange County, and Yuba.
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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.

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