In Historically Overvalued Housing Market, These Cities Could See Home Prices Drop 10%
Share
The ongoing housing boom—which has seen home prices climb 34% over the past two years—could soon wind down. At least that’s according to Mark Zandi, chief economist at Moody’s Analytics.
At this point, Zandi doesn’t foresee a national home price correction. However, he does believe some of the nation’s most overpriced housing markets could see home prices decline up to 10% over the coming year.
Read more from Fortune
RELATED TOPICS:
CA Has Seen Many New Towns, but This Big Project Is Stalled
Opinion /
2 hours ago
Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog
Crime /
14 hours ago
Bulldogs’ Two-Position Standout Tommy Hopfe Signs With Rockies
Sports /
14 hours ago
Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’
Sports /
15 hours ago
The Many Names of GOP Vice Presidential Nominee JD Vance
Latest /
15 hours ago
Jack Black, a Small Dog With a Big Heart, Is Looking for His Forever Home
In October last year, a heartwarming tale of resilience and recovery began in the unlikeliest of places: a crate abandoned in an alley. This...
Animals /
1 hour ago
Categories
Latest
Videos
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/26125735/Rescued-from-abandonment-and-near-starvation-Jack-a-once-fearful-and-emaciated-dog-has-transformed-into-a-healthy-loving-companion.-Mells-Mutts-1024x538.jpg)
Animals /
1 hour ago
Jack Black, a Small Dog With a Big Heart, Is Looking for His Forever Home
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/25112306/AP2141106817163116-1-1024x576.jpg)
Food /
1 hour ago
What Italian Grandmothers Can Teach You About Healthy Eating
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/26104129/021624-California-Forever-LE-CM-29.jpg-1024x576.jpg)
Opinion /
2 hours ago
CA Has Seen Many New Towns, but This Big Project Is Stalled
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/26170645/Gage-Mason-20-was-sentenced-to-29-years-in-state-prison-for-sexually-assaulting-multiple-children-and-a-dog-and-will-also-be-required-to-register-as-a-sex-offender-1024x538.jpg)
Crime /
14 hours ago
Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/26161707/Tommy-Hopfe-with-the-Colorado-Rockies_1280X720-1024x576.jpg)
Sports /
14 hours ago