Now tech layoffs are slowing Bay Area housing market as prices fall even more

Now tech layoffs are slowing Bay Area housing market as prices fall even more

2 years ago
Anonymous $_PGtSJbg8h

https://www.siliconvalley.com/2022/11/18/now-tech-layoffs-are-slowing-bay-area-housing-market-as-prices-fall-even-more/

Add tech company layoffs to the list of headwinds facing the Bay Area housing market.

Rising mortgage rates, recession fears and a volatile stock market have all tamped down home sales and prices in recent months from record-setting pandemic highs.

Now tech layoffs are slowing Bay Area housing market as prices fall even more

Nov 18, 2022, 2:47pm UTC
https://www.siliconvalley.com/2022/11/18/now-tech-layoffs-are-slowing-bay-area-housing-market-as-prices-fall-even-more/ > Add tech company layoffs to the list of headwinds facing the Bay Area housing market. > Rising mortgage rates, recession fears and a volatile stock market have all tamped down home sales and prices in recent months from record-setting pandemic highs.