Short term rental trying to get out…

San Francisco unsold homes pile up, +43% year over year

This latest potential red flag for the US economy housing inventory in the hottest real estate market on earth are starting to pile up. Will this lead to a healthy correction in the overpriced Bay Area housing market? Or is this another leading sign of recession concerns considering our quickly dropping consumer confidence?

Source: Wollfstreet.com… https://wolfstreet.com/2025/05/05/california-inventory-of-homes-for-sale-suddenly-piles-up-51-year-over-year-to-highest-april-in-years/