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could the impending stock market meltdown affect the sale of my house in S.F Bayarea?

We are in the process of selling our Home with our Realtor and should be ready to put the home on the market in about a month and a half.will this correction or crash slow or stop the hot sellers market here?

5 Answers

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  • 6 years ago

    Will it? Nobody can answer that. Can it? Certainly. Fear in the financial markets can spread to the economy as a whole. People are uncertain, less confident than they were about their own finances, even if they have no money in the stock market. Less confident that they will have a job. People who are paying attention know that this, right now, is tied to China. If China's middle class suddenly closes its collective wallet, a lot of American companies are going to lose a chunk of their business. It can throw cold water on the housing market.

    But will it? Too soon to say.

  • Anonymous
    6 years ago

    Unemployment is at a 17 year low. This is just a long overdue stock market correction - albeit a rather dramatic one. The sky is not falling. I see no fundamental reason why people in your area would suddenly have less income.

  • 6 years ago

    An earthquake taking its real estate out to sea wouldn't ding demand in the Bay Area. It's been overcrowded for decades and yet people still keep moving in.

  • glenn
    Lv 7
    6 years ago

    If it becomes worse and makes potential buyers worried about their jobs then it could temporarly slow things down. A simply up or down movement in stock prices that doesn't drive companies in your area to shut down or think about shutting down would not really slow things down much if any.

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  • Anonymous
    6 years ago

    No.

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