Taking longer to sell houses in Bay Area

Demand for new houses is dropping in the Bay Area. Anywhere else in the country that might mean lower prices and a buyers' market-- but in the Bay Area, that's not the case at all.

SAN FRANCISCO (KGO) -- Demand for new houses is dropping in the Bay Area. Anywhere else in the country that might mean lower prices and a buyers' market.

In the Bay Area prices are already so high, it's turning into a lose-lose proposition for everyone involved.

ABC7 News Anchor Eric Thomas takes a closer look at the market phenomena.

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