Blog > Where Are Real Estate Prices Dropping?

Where Are Real Estate Prices Dropping?

by Gordon Hageman

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Price drops tend to occur in overheated markets or where inventory suddenly spikes. In my experience, regions that saw rapid appreciation during boom periods are usually the first to experience corrections. It’s also common in areas with declining job growth or excessive new construction. However, while some neighborhoods may experience modest declines, others remain stable or even continue to appreciate. Real estate is incredibly local — understanding micro-market dynamics is far more valuable than focusing on broad national trends.

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Gordon Hageman

Gordon Hageman

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