Over the next ten years, there are ten metro markets that will see an increase in home appreciation. All ten markets are in California.
Recently, The Homebuying Institute released an article discussing home prices in the United States. Prices have slowed down over the past year or so, however, there are still some local real estate markets that could record big price gains for 2019. And many of them are located within California.
So what’s going on in California? Why do housing markets like Sacramento, San Francisco, and Bakersfield keep popping up in these types of forecasts? Inventory has a lot to do with it. Or rather a lack of inventory.