From Yahoo Finance: 2025-06-18 11:17:00

A recent Newsweek report shows home values declining in 27 states since January, potentially signaling a shift to a buyer’s market. Florida leads with a 0.55% drop, despite being a hot market in 2023. High interest rates and insurance costs are cooling the housing market nationwide.

Florida real estate expert Nick Gerli predicts a long-lasting decline in Florida’s housing market due to high costs. California and Texas are also experiencing value declines. Experts suggest a correction in prices to make homes more affordable for buyers in the future, as the market adjusts to meet demand.

Analysts foresee further home price drops in 2025, impacting buyers and investors. The trend towards lower prices raises questions about where and how much values will decrease. While relief may come for buyers, significant purchasing activity has yet to materialize amid ongoing market shifts and corrections.

Read more: Home Values Have Fallen In More Than Half The Country Since The Start Of 2025