We bought our house three years ago, and here’s how Zillow values it:
• 2019: $375K
• 2022: $530K
• Today: $630K
Those numbers are staggering and don’t quite add up if you’re trying to buy now. Honestly, the real winners have been those who owned property before 2020, before the market really took off. For many, homeownership today feels out of reach.
I’m curious where do you think this ends? Some say the market will crash, but I’m skeptical. Between corporate buyers snapping up properties, strict zoning laws, NIMBY resistance, and most homeowners locked into low mortgage rates under 5.5%, it seems like a crash isn’t coming anytime soon. This feels more like the new normal than a bubble waiting to burst.
What’s your take? Are we stuck with these high prices for the foreseeable future, or do you see a shift on the horizon?
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Just wait until this home is $3M in 2050 and the next generation will laugh at how affordable houses were in 2025
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Real winners are ppl who bought in 2021 or whose rent stays the same post 2022
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With low inventory, locked-in rates, and institutional buyers in the mix, it’s hard to imagine a major drop.
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If you’re holding out for a return to 2015 pricing, you’re probably waiting in vain. The fundamentals have changed too much.
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I’m watching inventory levels. Listings are up 20% year-over-year, and if that keeps climbing, we could see a shift toward a buyer’s market by 2026.
But unless there’s a big jump in unemployment or a surge in foreclosures, I doubt we’ll see a 2008-style crash. If anything, I’m expecting a slow grind down or flat prices while incomes catch up. Still, regional differences matter a few overheated markets might correct harder than others.
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2050 might just make today’s prices look like a bargain after all.
It’s almost like they caught the last elevator down before everything started going up.
Even if demand softens in places, those structural constraints are hard to unwind. It’s like supply-side gravity.
The 2015 pricing dream probably isn’t coming back.
Really appreciate the detailed take. Feels like this decade is less about timing the bottom and more about picking your spots wisely.
the winners were the the ones that bought before 2020. Homeownership has become a generational wealth divide.
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Spot on with the structural forces. I work in real estate analytics, and honestly, unless something changes big on the supply side, I don’t see prices dropping significantly in most metros.
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I’ve been saving and watching the market since 2021, and honestly? It feels like I’m chasing a moving target. Every time I think I’m close, prices or rates move again.
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agree with you, I don’t think we’ll get a big crash. But unless wages or rates shift, a whole generation’s getting locked out of the market or forced to buy farther out.
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I lean the other way. Affordability is at historic lows, and something’s got to give. Even if we don’t see a crash, I wouldn’t be surprised by a slow grind down in prices as more forced sellers hit the market — think job losses, divorces, relocations, or investors who can’t refinance at today’s rates. In some parts of the country, we’re already seeing double-digit price cuts.
