Housing Markets most in cross-hairs of price declines in 2024: -Phoenix -Tampa -Dallas -Austin -Denver Each of these metros is experiencing skyrocketing inventory and price cuts. The telltale sign of an incoming correction. Access Home Price Forecasts for every city in America…

Price cuts on the US Housing Market just surged up to the highest level in 5 years. With 22.1% of listings in May 2024 receiving a price reduction. That's nearly 3x higher than the pandemic low. And rising fast. Signaling a weakening housing market where prices are likely to…

Housing markets where home prices have dropped the most since bubble peak in 2022. Check out Austin, TX. -17% already. And still falling. Declines slowed in many of these markets over the last 6-12 months. But they will soon accelerate again. 1. Austin, TX: -17% 2. New…

Housing markets with the highest appreciation over the last 12 months: 📈 1. Hartford, CT: +12.5% 2. Syracuse, NY: +11.9% 3. Bridgeport, CT: +11.7% 4. New Haven, CT: +11.4% 5. San Diego, CA: +11.3% Severe housing shortage in most of these metros. Prices will continue going up… pic.twitter.com/0KSG…

Home prices in California are 17% overvalued. A level of overvaluation we haven't seen since the last bubble in 2005-06. When home prices get this overvalued, it's a signal that a market correction is coming. Either: prices need to drop or incomes need to go up. In the last…