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Housing Bubble Alert! Property Values Are Set To Plunge By 25% Until December
Picture this: a quarter of your home’s value – gone by December. It sounds impossible, right? But across the U.S., we’re seeing the housing market shift in ways few could have predicted. The question is…how deep will it go?
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2024 started with sky-high home prices, but that could all change soon, according to new reports. Let's be clear: A home price correction started months ago. In parts of the country, the correction has already been considerable.
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But now, a sudden cooling trend is leaving sellers desperate and buyers cautious. With inventories rising and sales collapsing, experts are warning of a possible 25% drop before year’s end. They say a price crash is a risk in more than 200 markets across America. While that's great news for first time buyers, it's a huge blow for those who already own a home and have been benefiting from elevated prices.
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So, what’s triggering this drastic shift? Is it merely a bubble on the edge of bursting, or is something more profound at play?
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Let’s uncover the truth today.
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