Zillow projects that U.S. home prices will fall 1.7% between March 2025 and March 2026. Last month, Zillow economists still thought prices would rise this year.
Thats -1.7% across the whole country.
The US housing bubble has popped.
Fs in chat for your local obscenely overleveraged corporate landlord or serial home flipper or AirBnB leaser, though be warned, they may be extremely emotional and/or delusional at the moment.
We’ve been watching house listings and prices in our area for more than a year on a week-to-week basis, and maybe about 3 or 4 months ago we noticed houses sitting on the market longer, and prices on those houses declining in our area. This seems inevitable, and considering how much of our economy is likely driven by the FIRE (Finance, Insurance, Real Estate) sector, this is very likely to keep dropping. It will probably have large knock on effects to in areas prone to weather related house damage as insurance companies pull out of those regions. How much are you willing to pay for a house you absolutely can’t insure?
Yep, you’ve got it.
This could get really ugly, really fast.