this post was submitted on 21 Apr 2025
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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.

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[–] BodyBySisyphus@hexbear.net 39 points 1 day ago (3 children)

In that same time frame, Zillow expects the weakest home price appreciation to occur in these 10 areas:
Houma, LA: -10.1%
Lake Charles, LA: -8.9%
New Orleans, LA: -7.6%
Lafayette, LA: -7.5%
Shreveport, LA: -7.0%
Alexandria, LA -7.0%
Beaumont, TX : -6.6%
Odessa, TX: -6.3%
Midland, TX: -5.7%
Monroe, LA: -5.5

Is this people discovering that being on the front lines of climate change isn't going to be fun or something else?

[–] sp3ctr4l@lemmy.dbzer0.com 28 points 1 day ago

No, you got it, a whole lot of the predicted losses are pretty highly correlated to areas that actuaries (who work for insurance companies and use highly advanced climate models based off of the science) predict will suffer increasing numbers and frequencies of climate disasters.

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