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Home prices to tumble over 25% from peak levels in 'overheated' markets, says Goldman

Por: MarketWatch Business January 12, 2023

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Some of the markets at risk for the biggest price drops this year (see chart) already saw at least , according to the Goldman team. Austin, San Francisco, San Diego and Phoenix to see biggest home price declines in 2023. Zillow, Goldman Sachs Global Investment Research While sharp price drops could present “localized risk of higher delinquencies for mortgages originated in 2022 or late 2021,” declines aren’t expected to be as big of a... + full article



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