California

Americans Concerned That Hot Housing Market Could Be Heading for a Correction

Americans Concerned That Hot Housing Market Could Be Heading for a Correction

Millennials are Especially Wary of Market Fluctuations, According to the Latest ValueInsured Modern Homebuyer Survey

DALLAS, August 9, 2017 – Americans have simmering concerns about overheated home prices and increasingly suspect that a housing price correction may be imminent, according to ValueInsured’s latest Modern Homebuyer Survey.

As California goes, so goes the nation?

As California goes, so goes the nation?

It has been said that when it comes to housing, the West leads the way. California has been ahead of the recent years’ real estate market run-up, and has garnered international attention for its jaw-dropping home prices. The Golden State enjoys the trifecta of being the most populated state in the nation, one of the most affluent with robust growth industries, and having the unique climate and geographical advantages that continue to make the state appealing to potential homeowners.

In the latest ValueInsured Modern Homebuyer Survey, conducted in April 2017, California homeowners and buyers seem to express apprehension and caution concerning the housing market..