The Crash In Home Prices Is Now Underway. Expect Them To Fall 30%+ | Nick Gerli
It now hard to deny that the housing bubble 2.0 popped in 2022 as mortgage rates more than doubled.
But the fallout, especially the in terms of price declines, has likely only just begun. The real damage from this bubble burst should occur over the coming year.
How bad is it likely to get?
And where will the pain be felt most?
For answers we turn to housing analyst Nick Gerli of re:venture Consulting, who is kindly returning to the program to provide his latest outlook.
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