Uncertainty continues to plague the Bay Area real estate market in the midst of another federal interest rate hike and an ongoing stock market slump.?
Although sales are cooling across the region, market analysts don’t think we’re in a buyer's market locally — yet. “We’re obviously going through some sort of market correction,” said Compass chief market analyst Patrick Carlisle. “... It may be the market will slow down and adjust, but there’s no economic indications now that there will be anything like the crash we saw in 2008.”