The math on home prices always ends up at the same place.
A median home price around $280,000
This would mean home prices nationally fall $130,000 pic.twitter.com/QoGqNVIz8L
— Darth Powell (@VladTheInflator) May 23, 2025
US housing crisis worsens Case Shiller index tops 300 prices jump 143% since 2011
Redfin CEO Glenn Kelman has pointed to new signs that the U.S. housing market is undergoing a price correction. He noted that home prices are finally cooling after years of rapid increases, with buyer sentiment shifting as affordability concerns mount.
Kelman has previously warned about the challenges facing homebuyers, particularly as high mortgage rates continue to limit purchasing power. While prices have remained elevated in many areas, recent data suggests that some markets are seeing declines, signaling a potential shift in the broader housing landscape.
https://finance.yahoo.com/news/redfin-ceo-says-housing-market-163017529.html