Nick Gerli, CEO of Reventure, says that certain markets in Texas and Florida are experiencing price drops which could soon spread to the entire country.
My wife and I are casually looking for our first house (probably can't buy for ~3 years), pretty much every house is trying to sell for 50%-75% more now than it was in 2018/2019 even though there have been no changes or improvements (we've tracked down listing photos from the last sale).
I'm looking forward to some sweet sweet schadenfreude from firms and individuals that bought "investment properties" losing a ton of money from housing prices finally crashing back to semi-realistic prices