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Goldman Sachs says 4 US cities will suffer a 2008 crash in home values

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The U.S. is seeing continued skyrocketing interest rates and declining housing prices, and Goldman Sachs expects home values in 2023 to reach that of the 2008 housing crisis.

expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices.

San Jose, California; San Diego, California; Austin, Texas; and Phoenix, Arizona, will likely see noticeable increases before drastic decreases of more than 25%. Goldman Sachs expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices.

 

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It's Austin. Saved you a click.

Austin texas is on the list, it is in a heavily blue district.

Goldman. Any even manage their balance sheet or employee head count and now they are predicting housing market trends.. ok.. as if anyone puts any weight on such an out in the future call.. Awsome job Goldman Awsome

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These 4 cities will suffer a 2008 crash in home values: Goldman SachsAs interest rates have risen to combat inflation, the investment bank forecasted that four US cities should prepare for a seismic decline.
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