San Francisco sellers still holding out

San Francisco home sellers think that the housing crash has reached the bottom. After falling sharply during the latter half of last year, median asking prices have stabilised. Since December, sellers have refused to cut prices. However, inventory isn't playing fair. As soon as asking prices stabiised, inventory began to rise.

Only a further round of heavy price discounts will reduce inventory. The San Francisco housing crash continues.....

Data provided by the housingtracker website.