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.
The silver lining will be that these predatory financial corps that are been buying up all the housing inventory so they can force everyone into being renters at exorbitant rates (like Blackrock and Morgan), will be stuck with declining values on their inventory, and will take a bath. Good, fuck them.