California is CRASHING (Real Estate Prices Going DOWN. People Keep Leaving.)

California's economy and housing market continues to crash in 2023 as people keep leaving the state. And home prices keep going down.

New data from the US Census Bureau shows that California lost another 200k people in 2022. And since 2019 the state has lost more than 1 Million people due to outbound migration.

All these people leaving California is pushing home prices down. Data from Redfin Shows that California metros like Los Angeles, San Francisco, San Jose, and Anaheim have seen home prices go down the most.

Go to www.reventure.app to see the data on home prices and migration for yourself.

Data on Median Sale Price in this video comes from Redfin's Data Center: https://www.redfin.com/news/data-center/

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.

#HousingCrash


Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/real-estate-insiders-raise-concerns-for-firsttime-homebuyers-in-2023