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[ Thu, May 08th 2025 ]: CNN
A young man emerged from a burning house after de .. His city is now reckoning with the fallout | CNN
[ Thu, May 08th 2025 ]: PBS
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[ Thu, May 08th 2025 ]: ABC7
Suspects sought after Hollywood Hills home targeted in burglary
[ Thu, May 08th 2025 ]: Fortune
Current mortgage rates report for May 8, 2025: Rates take another small step higher
[ Thu, May 08th 2025 ]: WJZY
No injuries reported after crews battled house fire in east Charlotte
Wed, May 7, 2025
[ Wed, May 07th 2025 ]: WDSU
Massive oak tree tumbles onto Harvey home
[ Wed, May 07th 2025 ]: Parade
New Details Emerge About Jennifer Aniston's Shocking Home Security Scare
[ Wed, May 07th 2025 ]: BBC
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[ Wed, May 07th 2025 ]: WPBF
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[ Wed, May 07th 2025 ]: wjla
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[ Wed, May 07th 2025 ]: KDFW
Dallas ISD plans to update Code of Conduct after Wilmer-Hutchins shooting
[ Wed, May 07th 2025 ]: Fortune
Current mortgage rates report for May 7, 2025: Rates move slightly up
Tue, May 6, 2025
[ Tue, May 06th 2025 ]: HuffPost
Jennifer Aniston Has Major Intruder Incident While She's Home
[ Tue, May 06th 2025 ]: wjla
Guide to downsizing your home
[ Tue, May 06th 2025 ]: Fortune
Current mortgage rates report for May 6, 2025: Rates tick back up
Mon, May 5, 2025
[ Mon, May 05th 2025 ]: 13abc
13 Action News Big Story: The U.S. Housing Market
[ Mon, May 05th 2025 ]: WHIO
3D Printing the American Dream? Today on News Center 7 at 5:00
[ Mon, May 05th 2025 ]: PBS
PBS39 News Reports | HOME MORTGAGES | Season 2020
[ Mon, May 05th 2025 ]: Robb Report
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[ Mon, May 05th 2025 ]: The Financial Times
Hot property: five homes by Swiss lakes
[ Mon, May 05th 2025 ]: Columbus Dispatch
Epcon Communities building 150-home subdivision for older adults in New Albany
[ Mon, May 05th 2025 ]: Apartment Therapy
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[ Mon, May 05th 2025 ]: Fortune
Current mortgage rates report for May 5, 2025: Rates mostly stable for the moment
[ Mon, May 05th 2025 ]: NJ.com
See all homes sold in Hudson County, April 28 to May 4
Sat, May 3, 2025
[ Sat, May 03rd 2025 ]: WHIO
2 charged with murder after man found dead in home
[ Sat, May 03rd 2025 ]: 7NEWS
Young girl scares away masked men breaking into home
[ Sat, May 03rd 2025 ]: RepublicWorld
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[ Sat, May 03rd 2025 ]: WJZY
Firefighters battle blaze at west Charlotte home
Fri, May 2, 2025
[ Fri, May 02nd 2025 ]: WHIO
Police surround Dayton home in connection to gun store burglary investigation
[ Fri, May 02nd 2025 ]: Fortune
Current mortgage rates report for May 2, 2025: Rates hold steady
[ Fri, May 02nd 2025 ]: Cubby
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[ Fri, May 02nd 2025 ]: KITV
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[ Fri, May 02nd 2025 ]: wjla
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[ Fri, May 02nd 2025 ]: Snopes
Oklahoma woman said federal agents mistakenly raided her home. Here's what we know
[ Fri, May 02nd 2025 ]: NewsNation
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Thu, May 1, 2025
[ Thu, May 01st 2025 ]: WJZY
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[ Thu, May 01st 2025 ]: wjla
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[ Thu, May 01st 2025 ]: ABC7
Police searching for at least 3 suspects in early morning burglary at Hollywood Hills home
[ Thu, May 01st 2025 ]: KUTV
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[ Thu, May 01st 2025 ]: Newsweek
Phoenix housing market faces "mass sell-off" as home values plunge
[ Thu, May 01st 2025 ]: Fortune
Current mortgage rates report for May 1, 2025: Rates take another small step downward
[ Thu, May 01st 2025 ]: PBS
NJ Spotlight News | Business Report: Housing price trends | Season 2022
Wed, April 30, 2025
[ Wed, Apr 30th 2025 ]: NewsNation
Housing standoff: Sellers want more, but buyers aren't budging
[ Wed, Apr 30th 2025 ]: BBC
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[ Wed, Apr 30th 2025 ]: Fortune
Average home insurance rates in 2025 will be $1,000 more per year than four years ago
[ Wed, Apr 30th 2025 ]: CNN
Fungi and bacteria could be used to build homes one day, new study suggests | CNN
[ Wed, Apr 30th 2025 ]: PBS
VPM News Focal Point | The struggle to find affor .. housing in Charlottesville | Season 1 | Episode 5
[ Wed, Apr 30th 2025 ]: KITV
Oahu homes sit empty as city council debates new tax proposal

Phoenix housing market faces "mass sell-off" as home values plunge

A sell-off is underway in Phoenix, real estate analyst Nick Gerli has said, as new inventory flooding the market finds no buyers.
The Phoenix housing market is experiencing a significant downturn, with home values dropping by 10% since their peak in May 2022, and a further 7% decline expected by the end of 2023, according to real estate data firm ATTOM. This decline is attributed to a mass sell-off of properties, driven by investors who had previously capitalized on the city's booming market. The situation is exacerbated by rising interest rates and a shift in market dynamics, leading to a surplus of homes and reduced buyer demand. As a result, many homeowners are facing negative equity, and the once-hot market is cooling rapidly, with potential implications for the broader U.S. housing market.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/phoenix-housing-market-faces-mass-sell-off-home-values-plunge-2066539 ]