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Discussions tagged with 'Housing Bbubble'
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Home prices have skyrocketed between 2019 and today in 2024. You don’t have to be a rocket scientist or a genius to know what goes up fast generally comes down. Real Estate have always gone up over time and is considered a very safe investment. However, the safe investment part is that real estate generally goes up over time. Any investment that soars 100% or more over a period of five years will come down to make a correction. Here are the top states where Home Prices will crash in 2024 going into 2025. This is not saying that Home prices will remain low forever. However, due to the fast huge increase in Home prices in such a short time span, you will see a housing correction. It’s brewing now. High mortgage rates and high home prices is yielding high inventory, longer time on the market, price reductions, and sales prices substantially under listed market prices. Here are the top States you can expect Home Prices to CRASH in 2024 into 2025:
5. Washington
4. California
3. Colorado
4. Texas
5. Florida
Please watch the attached informative video clip:
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