Zillow turns full-blown housing market bear—just look at its new forecast (www.fastcompany.com)

submitted 2 weeks ago by sp3ctr4l@lemmy.dbzer0.com to c/usa@lemmy.ml

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Zillow projects that U.S. home prices will fall 1.7% between March 2025 and March 2026. Last month, Zillow economists still thought prices would rise this year.

Thats the aggregate for the whole US, -1.7%.

The US Housing bubble has popped.

Please be wary of particularly emotional and or delusional landlords as they go through the 5 stages of grief while processing this information.

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[-] NutWrench@lemmy.zip 2 points 1 week ago

The only time I see Zillow property listings is on Fark, and they're always wildly overvalued properties posted as a joke. Most of them would improved by a bulldozer.

[-] sp3ctr4l@lemmy.dbzer0.com 1 points 1 week ago* (last edited 1 week ago)

... Basically the entire US real estate industry uses Zillow.

It would be pretty darn surprising to find a for sale house or condo that is not on Zillow, but is only on some other site, or totally listed privately, or exclusively with some RE agench that isn't posting on Zillow.

Been that way for at least a decade, if not nearly two decades.

... You are correct though that they are always ludicrously overpriced. That's your housing bubble.

this post was submitted on 21 Apr 2025

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