Taking longer to sell houses in Bay Area

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ByEric Thomas KGO logo
Friday, May 10, 2019
Demand for new houses dropping causing Bay Area prices to increase
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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