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Here's where home prices have dropped the most since 2024
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Here's where home prices have dropped the most since 2024

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Across the nation, 10 ZIP codes have seen noticeable drops in home prices since 2024.
The article from Yahoo News discusses the significant drops in home prices across various U.S. cities, highlighting the impact of rising mortgage rates and economic uncertainty. Cities like San Francisco, Seattle, and San Diego experienced some of the largest declines, with San Francisco seeing a 13.4% drop in median home prices from their peak in May 2022. The report, based on data from Redfin, indicates that the national median home price fell by 3.3% from its peak in May 2022 to January 2023. This trend is attributed to a combination of factors including higher interest rates, which have increased the cost of borrowing, and a shift in buyer behavior towards more affordable markets. Despite these declines, the article notes that home prices remain high compared to historical standards, suggesting that the market may be adjusting but is not crashing.

Read the Full WJZY Article at:
[ https://www.yahoo.com/news/where-home-prices-dropped-most-125317969.html ]