Home Prices to PLUNGE This Summer? What Will Make Home Prices Go Down?

Home prices are still near all time highs and are likely to moderate over the next year. Whether they will go up or down nobody knows, but it is unlikely that home prices will just crash or plunge as is predicted. Certainly the June 2022 high of home prices was an anomaly as people were trying to get a still low mortgage rate on a home purchase.

here is a significant imbalance in the real estate market because the supply of homes in the US is still far less than the number of buyers. Most of the areas where prices are falling are in the west, while the rest of the county is still seeing normal price appreciation.

If you need an agent anywhere in the US please email us below. we have a network of agents with our referralcloud platform to help you with buying or selling a house anywhere in the US.

Todd Miller
702-218-2819
todd@nvrs.com

Oana Miller
702-285-4207
oana@nvrs.com


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