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.

  • barneypiccolo@lemm.ee
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    1 month ago

    Rising sea levels aren’t the primary issue, it’s hurricanes. That stretch of the coast of the Gulf of MEXICO gets hit with hurricanes nearly every year. Insurance rates are probably through the roof there, if you can get insurance at all.

    • sp3ctr4l@lemmy.dbzer0.comOP
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      1 month ago

      You are correct, the more accurate description is… areas that are more likely to be wiped out by the effects of massive rainfall deluges from intsensifying hurricanes, the storm surges, as well as of course the more direct wind damage.