Amid the Federal Reserve’s rise on interest rates to slow inflation, the overall housing is starting to cool, but not in all areas. Just like the San Francisco’s microclimates, housing remains on an upswing on certain coastal areas and in the mountain areas. Southern california dominates these areas with a couple northern california coastal areas.
The SF Chronicle details these findings in a recent article.
How are your areas growing, declining or stagnating? What do you see in the next 3, 6 months for your regions? If out of state, how is your state’s region(s) doing?
Stay steady, healthy, and grow you business!
P.S. SBP has partnered with other REI in the recent past and we welcome sincere, honest investors for future single home and multi-family projects. Wholesalers welcome as well.