These metros are slashing home prices. Is Riverside, Jurupa Valley, and Corona one of them?

  📍 Seller slash prices in, in one to five or 20%. In these nine metros. Guess how many of these are California? If you guess none. You are absolutely right. This is mainly Texas, parts of Arizona and Florida. And what do they all have, um, in common Is that they all built the most homes since COVID. And what do I always say, the issues in California until we address the equation side of inventory.

In other words, until we are able to build more. Faster, more efficiently and more affordable. This ain't gonna be us now. Yes, in California there's some price adjustments, but not 10 to 20% like in these metros. So if you're in California, the home is pretty much worth what it's worth. It'll sit on the market, but eventually somebody will buy it.

What do you guys think?