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On October 13, 2022

Sonoma County Home Prices, Market Trends October 2022

It is also wise not to jump to definitive conclusions based upon a single quarter’s data: The economy and real estate market are still in a period of adjustment. Comparisons with the crash of 2008 continue to be made, but the precipitating factor in the 2008 crash – tens of millions of households talked into home loans they could never afford, forcing a tsunami of frantic sales during the great recession – simply does not apply today.

 

 


 

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