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.

  • plinky [he/him]English
    37•9 days ago

    sicko-wholesome i wonder what 6% apr says about underlying asset decreasing in price, probably nothing concerning

    • @sp3ctr4l@lemmy.dbzer0.comOPEnglish
      39•9 days ago

      What do you mean 1/3 of the country won’t be able to get home insurance within ten years?

      Climate change?

      That’s stupid.

      You have to have home insurance to be able to pay a mortgage?

      WTF that’s even more stupid!