Thoughtful Money with Adam Taggart 50% Of The US Will See Falling Home Prices This Year | Reventure Consulting
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Apr 17, 2025 In this engaging discussion, Nick Gerli, founder of ReVenture Consulting and creator of the ReVenture app, provides a deep dive into the current state of the U.S. housing market. He predicts falling home prices affecting up to 20 states, including previously hot markets like Florida and California. Nick explores the impact of rising inventory, high mortgage rates, and declining investor activity. He emphasizes the importance of informed buying decisions and showcases his app, designed to help buyers navigate these turbulent market dynamics.
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Duration of Housing Market Correction
- Housing market corrections stretch over five to six years due to seller denial and gradual price adjustments.
- Currently, about half of the US housing market is experiencing price declines reflective of a long-term correction.
US Housing Market Bubble
- The US housing market is about 30% overvalued nationally, the largest bubble ever.
- By the end of 2025, 20 states will experience price declines, improving affordability for buyers and investors.
Government Intervention Sustained Bubble
- Pandemic-era government interventions artificially sustained high housing prices.
- Increased PPE and fiscal stimulus, plus foreclosure bans, delayed necessary price corrections despite earlier shortages.