Is the real estate market cooling?
In California’s market, some potential signals
With housing starts posting their biggest monthly decline in 14 years last month, many are wondering if slowdown in the nation’s red-hot housing market is now emerging.
One part of the country showing some signs of cooling is California. The Golden State’s sizzling real estate market has seen double-digit appreciation rates in most of its metropolitan areas in recent years, and some economists have even warned that the state’s housing market is a bubble waiting to burst, although such an event remains a matter of debate. …