San Jose Ranks in Top 4 Best Cities to Buy a House This Year.
If you’re in the market for a house, you might want to wait a while – the prices of homes in at least four U.S. markets are expected to drop dramatically, according to a report issued by Goldman Sachs. Phoenix, San Jose, Austin and San Diego are each expected to see price drops of about 25 percent, Goldman Sachs reports. The financial firm says the declines will occur sometime this year. The report appears to fall in line with a recent story published by the Phoenix Business Journal, which claimed Phoenix has become a buyer’s market.