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why do you think the Midwest and the Northeast is like the hottest housing market right now where inventory isnt increasing but inventory is increasing in the South and West whats going on with home prices and home prices in some markets everyone have gone down by a lot have gone down by a lot you know if as I open my my Tableau workbook here you can see the areas that have had the biggest decline in median sale price over the last eight nine months since Peak and you can see in a place like Oakland sale prices are down 27 percent in eight or nine months thats huge in Austin theyre down 17 percent in Boise theyre down 17 percent in Seattle theyre down 16 percent in Denver theyre down 14 percent in Sacramento theyre down 13 interestingly in Chicago theyre down 13 percent despite not having inventory in Washington DC theyre down 13 percent in Anaheim and San Diego theyre down 12 and so in the heaviest crash markets we have lets just say 10 to 15 declines in median sale price
