California’s light-speed housing boom driven by FOMO

Name: California’s light-speed housing boom driven by FOMO
Uploaded: 2021-03-17T04:29:48+00:00
Duration: 3 min 4 s
Description: In January, California beat an almost 18-year record for a single month's home sales and pricing spike. The last time prices and sales rocketed up more than 20% in a single month? August 2003. In real estate, it's called the FOMO Effect: fear of missing out.

In January, California beat an almost 18-year record for a single month's home sales and pricing spike. The last time prices and sales rocketed up more than 20% in a single month? August 2003. In real estate, it's called the FOMO Effect: fear of missing out.

California’s light-speed housing boom driven by FOMO

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