The Housing Markets In California are Starting To Stall

Housing Crisis

The pop culture indudtry in Hollywood, Los Angeles and the boom in the tech industry in San Jose’s Silicon Valley have for a long time made California a place where many Americans would love to own a home. However, according to research that was conducted by the California Association of Realtors, there are indications, and signs that the housing market in California has started to stall. In October this year, pending sales for homes dropped by 2.6%as compared to the same time in 2016.