Home Values Fall in Half of US
Update: 2025-11-17
Description
Home values in the US are plummeting, with over half of homes seeing a decrease, marking the largest drop in over a decade. This trend varies regionally, with prices rising in the Midwest and Northeast, and falling in the Southeast and West. The cooling of prices is due to a surplus of homes and a lack of buyers, exacerbated by economic uncertainty and high mortgage rates. Cities like Denver, Austin, and Sacramento have seen significant drops, with over 80% of homes losing value. However, the average decrease is around 9.7%, a normal pre-pandemic figure, indicating a market normalization rather than a crash.
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