RE CEO Says Another Real Estate Crash Could Be Coming
"Given the trajectory of listings and inventory, it seems like more value declines are coming," he said.
By Susie Madrak June 6, 2025
Trump has certainly been a positive influence on the economy, huh? Home values have fallen month-over-month in more than 60 percent of U.S. counties in April, according to data from real estate platform Reventure App. Company CEO Nick Gerli compared the widespread decline to the wake of the 2008 housing market crash and the 2022 mortgage rate spike. Via Newsweek:
"More than half the country is now officially in month-over-month declines, indicating that the housing downturn is spreading," the real estate analyst wrote on X.
"We'll have to see if this lasts into the future, and if it turns into a sustained correction like 2008 or is a blip like 2022. But given the trajectory of listings and inventory, it seems like more value declines are coming," he said.
https://crooksandliars.com/2025/06/re-ceo-says-another-real-estate-crash
Don't you just love a 34 count convicted felon , a guy that bankrupted a casino's, and hired minions to a criminal enterprise being confirmed by a maga senate and US Supreme court giving the same individual immunity for the Espionage Act..............and now the really visible asset in your portfolio going down the tubes while the traitor goes to another country so that he gets airplane, reconfigures the white house to look like a resort and want's to paint a plane in his colors that will look like shit...........