Selling Real Estate

Zillow: “Home Prices DROPPING FAST” (in California and 5 Other Housing Markets)

Zillow just reported that Home Prices are CRASHING across the US Housing Market. Particularly in metros like San Jose, Austin, San Diego and Denver, where home prices are down 3 to 8% in just two months. The declines are biggest in California, Utah, and Texas.

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Zillow Home Values: https://www.zillow.com/research/data/
Realtor.com Listings Database: https://www.realtor.com/research/data/

The US Housing Market Crash is well underway. A combination of a Recession, escalating Mortgage Rates, and Inflation is driving Homebuyers out of the Housing Market. And now we have proof from Zillow that Home Values are actually going down.

In a market like San Jose, Home Values are down by -8.6% in the last 2 Months! That’s nearly $150k of Home Value per Owner wiped away in 60 days! In Austin Home Prices are down by $37k, or 6%, in just two months.

In markets such as San Diego, San Francisco, and Los Angeles Home Prices are also dropping. As they are across Utah and Colorado.


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#HousingCrash #HousingMarket

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