Real Estate Strategy Blog

List of 8 Declining Markets Year-Over-Year

8 U.S. Markets Lost Value Year-Over-Year

On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in ONLY 8 of the 405 largest real estate markets nationwide.

Both this and prior the quarter have been very strong.

It’s noteworthy that three of the eight declining markets are in California.

(We’ve been warning you about many of the California markets for several years now even though other nearby states and regions had been looking strong.)

In the previous quarter,

List of 30 Declining Markets Qtr-Over-Qtr

7.4% Of US Housing Markets
Declined Qtr-Over-Qtr

 
Currently, 30 markets (7.4% of all U.S. real estate) experienced ‘real’ (inflation adjusted) declines in property values compared to the prior Quarter.

For the same period last year 184 markets (45%) saw Q-O-Q declines.

Note: Because of seasonal variations between quarters,

List of 11 Declining Markets Year-Over-Year

11 U.S. Markets Lost Value Year-Over-Year

On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in ONLY 11 of the 405 largest real estate markets nationwide.

That’s the second strongest overall U.S. real estate market performance since just before the last real estate crash!

Four of the declining markets are in California.

List of 101 Declining Markets Qtr-Over-Qtr

25% Of US Housing Markets
Declined Qtr-Over-Qtr

 
Currently, 101 markets (25% of all U.S. real estate) experienced ‘real’ (inflation adjusted) declines in property values compared to the prior Quarter.

For the same period last year 98 markets (24%) saw Q-O-Q declines.

Note: Because of seasonal variations between quarters,

List of 58 Declining Markets Qtr-Over-Qtr

14% Of US Housing Markets
Declined Qtr-Over-Qtr

 
Currently, 58 markets (14% of all U.S. real estate) experienced ‘real’ (inflation adjusted) declines in property values compared to the prior Quarter.

For the same period last year 69 markets (17%) saw Q-O-Q declines.

Note: Because of seasonal variations between quarters,

List of 7 Declining Markets Year-Over-Year

7 U.S. Markets Lost Value Year-Over-Year

On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in ONLY 7 of the 405 largest real estate markets nationwide.

That’s the strongest overall U.S. real estate market performance since just before the last real estate crash!

All the declining markets are in California or Texas.

List of 62 Declining Markets Qtr-Over-Qtr

15% Of US Housing Markets
Declined Qtr-Over-Qtr

 
Currently, 62 markets (15% of all U.S. real estate) experienced ‘real’ (inflation adjusted) declines in property values compared to the prior Quarter.

For the same period last year 175 markets (43%) saw Q-O-Q declines.

Note: Because of seasonal variations between quarters,

Real Estate Market Crash?

For months, the so-called experts and gurus have been warning about the coming COVID-19 induced nationwide real estate market crash.

They point to these dire 'Fundamentals' as the reason why...

Along with that, they also say the misfortunes of others will bring good fortune and amazing opportunities for wholesalers and flippers.

List of 17 Declining Markets Year-Over-Year

Currently, 17 markets (4% of ALL U.S. real estate) experienced ‘real’ (inflation adjusted) declines in property values over the last year.

Inspiring, Heartwarming Case Study

Here's a real life case study to keep you inspired and motivated.

As a numbers guy, it takes a lot to get me choked up. Let's just say there was a lot of dust in the air when I read this email from one of our long-time members,  Mark Grange.

After joining HousingAlerts.com in 2012,

Coronavirus and Real Estate Markets

Everyone seems to have a hunch, a prediction… a wild-ass guess really… on where the real estate markets are heading.

They are all WRONG!

There will not be a single impact (one way or the other) affecting ALL local markets the same.

Just like the last time, some markets crashed, some flat-lined and some appreciated.

List of 28 Declining Markets Year-Over-Year

28 U.S. Markets Lost Value Year-Over-Year

Currently, 28 markets (7% of ALL U.S. real estate) experienced ‘real’ (inflation adjusted) declines in property values over the last year.

In the previous quarter, 23 markets had annual home price declines

Although the number of declining markets is low by historical standards and remains at fairly healthy levels…