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.
As someone who will probably never afford a house because they’ve inflated beyond all semblance of reason, I’d need something closer to 50% to be remotely affordable, though I have a feeling that without systemic changes, a crash like that would just death spiral into chaos.
My plan is to pay off my trailer and then move it to a plot of land.
Might work! …if I keep my job through the next recession.