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42 sats \ 3 replies \ @optimism OP 17h \ parent \ on: The Most Splendid Housing Bubbles in America: May '25, 33 metros econ
They are in 18 metros, but overall, it's just touching the 0 growth point at the moment.
I think that national averages are anyway less interesting for mere mortals that are participating in the housing market, because unless you're a massive investment firm, you're exposed locally. I like that he goes over the main metros in his analysis and show the "situation on the ground"... maybe it helps someone gain some insight into what's going on with their assets.
I’m surprised it doesn’t show declining prices in DC. The news has reported sharp declines there.
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Yeah... the stats from Zillow say +1.5% YoY, though this is DC metro, not DC proper; it may vary further between localities.
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After a quick search, it looks like there’s been a huge surge in listings, but prices may not have fallen much yet.
Eventually, sellers will have to settle for the available offers.
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