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July 23, 2024 | Early Sign of a Downturn in CA Home Prices

Robert Campbell

Robert Campbell is a real estate analyst and economist. He's been publishing The Campbell Real Estate Timing Letter since 2002. His book (Timing the Real Estate Market) presents a clearly defined method for predicting the peaks and valleys of real estate cycles.

 

Everybody knows where we’ve been.  Let’s see where we are going.

History shows that extremely low housing affordability in CA tends to precede market downturns, as occurred in 1980, 1989, and as shown below, 2006.

              

I see no reason why this time will be any different.

But Fear Not, Fellow Investors

In a future blog post, I’m going to show you how I made my biggest profit ever during the 1990-1996 housing market downturn in California – and how you can do it too.

You can do this guys!

Dream big and play big.

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