A major risk for i-buyers is a declining market, in which falling home prices mean they’re suddenly holding scores of houses that are worth less than what they purchased them for. Already, markets are softening, with home sales declining and price appreciation slowing in Southern California and elsewhere in the U.S. In October, homes sales in the Inland Empire fell 5.8% from a year earlier, according to CoreLogic. And while prices are still rising, the rate of increase has slowed, from 8.4% in March and April to 5.4% for October.

Source: Los Angeles Times December 11, 2018 13:02 UTC