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welcome back everyone to another video Goldman Sachs in a note to clients earlier this month obtained by the New York Post predicted Phoenix San Diego San Jose California and Austin Texas will see declines of more than 25 percent Goldman Sachs expects record drops in Phoenix home prices similar to the 2008 crash Phoenix has been at the Forefront of a booming housing market for nearly a decade now but nothing lasts forever and that rapid growth could finally be tapering off lets listen to Nick from Revenger consultant as he goes over different state and stage of the housing market next thing inventory seasonally went down uh in December and its going to probably go down in January as well youre going to probably hear more about that in the news on the housing market over the next couple months I think certain people might try to interpret that as the housing crashes over uh you know or like prices arent going to are going to go back up dont buy into that narrative when it comes un