![Waiting for Prices to Fall May Not be a Good Idea inception-app-prod/ZTRjZjZmZTAtMjcyZC00YjExLThhMDgtMmFmNTUxNmU4NDY0/content/2022/10/c46b4e5f56eeabcd0fe523515283618f0f30c9d8.jpeg](https://media.placester.com/image/upload/c_scale,dpr_1.0,f_auto,fl_lossy,q_auto,w_1024/v1/inception-app-prod/ZTRjZjZmZTAtMjcyZC00YjExLThhMDgtMmFmNTUxNmU4NDY0/content/2022/10/c46b4e5f56eeabcd0fe523515283618f0f30c9d8.jpeg)
The housing market is slowing with sales declining and home prices softening. Home sales in California dropped 31.1% year-over-year in July 2022 and last month was the third consecutive month with sales falling more than 10% from a year ago. Prices also began to moderate in…