If you don’t already own a home I’m not sure what to tell you to give you hope.
The only hope is widespread layoffs and a severe downturn in the economy which is not sure to happen. Our best chance for a correction was March 2020 but trillions got pumped into the economy and foiled it.
I’d tell them to rent a 1BR apt in a nice area and bunker down for a few years. Just wait it out.
California has plans to fix that by buying homes for illegals ....so some folks will still get homes...unfortunately they wont be american citizens and the taxpayer wil be paying for the home for them..
Just move the fuck out of California and your chances get much better.
"Oh, but we have everything! I can snow ski, hike the high desert, and surf the Pacific all in the same day!"
No relief in sight for buyers. The NAR with the most conservative estimate? Wtf