General Discussion

WSHazel

(549 posts)

6. Home prices are declining in most of the country

Thu Jun 19, 2025, 09:35 AM

Jun 19

and only being held up in the Northeast by the New York market because there is no more land left. The population has stopped growing, and with immigration dropping off a cliff, likely for a long time, demand for housing is going to drop nationwide, causing housing prices to continue to decline. On top of that, there is huge overcapacity in commercial real estate, some of which is being converted to residential.

A lot of people make decisions based on home prices continually increasing, but for much of America's history, home prices have only increased with population growth, and population growth is slowing, stopping, or possibly even turning negative. That is going to have long-term implications on housing prices.

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Highlight:

1 in 3 Baby Boomers Say They'll Never Sell Their Home [View all] OnlinePoker Jun 19 OP

We would love a home that's a little more contemporary and less like a box, Cloudhopper Jun 19 #1

It's not surprising. Cerulean Southpaw Jun 19 #2

Home wildflowergardener Jun 19 #3

I'm in that same boat. Gen X/Millenial depending on poll definitions. NutmegYankee Jun 19 #11

Gen X (1965-1980) and Millennial (1981-1996) birth year ranges have been firm for ages now. Celerity Jun 19 #16

It's not that simple. NutmegYankee Jun 19 #22

I am within less than 2 and a half months of being Gen Z, but the widely accepted boundaries (1981-1996) for Millennial's Celerity Jun 19 #24

Like Generation Jones 1956 -1965. haele Jun 19 #48

I get argued with everything I say that quakerboy Jun 19 #41

those are not widely accepted cut off years at all, whether informally or in academia Celerity Jun 19 #47

I dont claim to be an expert. quakerboy Jun 19 #54

Wow! Please post photos here if you want to. spooky3 Jun 19 #27

A lot of people in the baby boom generation valleyrogue Jun 19 #4

Interest rates are at 7, so yeah. Johonny Jun 19 #5

I know, right?! Dumb article. yardwork Jun 19 #38

my parents bought their first home at 17% quakerboy Jun 19 #44

Home prices are declining in most of the country WSHazel Jun 19 #6

Whether it's paid off or it isn't chowmama Jun 19 #7

"a little tuba-heavy," lol Alice Kramden Jun 19 #53

I think that the US single-family home market markodochartaigh Jun 19 #8

Another situation I've seen Unwind Your Mind Jun 19 #9

this is on my list of y i'm staying put. mopinko Jun 19 #20

I get calls to sell. People are still buy shitboxes here Historic NY Jun 19 #10

We were getting calls asking us if we wanted to mwmisses4289 Jun 19 #33

Until they can no longer take care of marybourg Jun 19 #12

And immigrant workers who once could provide care for pay spooky3 Jun 19 #28

That's what got us KentuckyWoman Jun 19 #29

Yes. I am in a condo now, with an aide 3x/week. marybourg Jun 19 #37

Not a big surprise Renew Deal Jun 19 #13

In many cases, even to downsize to a condo yorkster Jun 19 #14

That sounds about right Renew Deal Jun 19 #15

We bought our house about 37 years ago Mossfern Jun 19 #17

Would love to move to a smaller house, no yard, BUT... Maeve Jun 19 #18

Why should we? I paid a mortgage for 30 years. It is paid off. travelingthrulife Jun 19 #19

I'm Gen X. Mrs. Aristus is a Boomer. We own our house free and clear. Aristus Jun 19 #21

I have a standard reply when those shitbirds call . . . after making sure not to say "yes" . . . . hatrack Jun 19 #25

Hi fellow Xer! Polybius Jun 19 #30

Mrs. Aristus is eight years older than me. Aristus Jun 19 #35

Ms. Polybius is more than 20 years younger than me Polybius Jun 19 #46

The house, although way too big for us, is paid off and we like the location. If a smaller one in a similar Vinca Jun 19 #23

The house is paid for and rent is too damn high. nt doc03 Jun 19 #26

Recommended. H2O Man Jun 19 #31

Lol Joinfortmill Jun 19 #39

We have low interest loan Tree Lady Jun 19 #32

My home MoonlightHillFarm Jun 19 #34

I'm a Boomer.In my lifetime I've owned 3 houses & 5 condos. Joinfortmill Jun 19 #36

Gen X OC375 Jun 19 #40

Gen Xer here...will sell in next ten years. Most are not realistic JT45242 Jun 19 #42

Yep. I'm one of them. Liberal In Texas Jun 19 #43

Why would I sell? Happy Hoosier Jun 19 #45

Is this a new percentage? Feels like the silent generation stayed in place too Arazi Jun 19 #49

It says 45% of silent don't intend to sell, but there aren't many of them still in their own homes. OnlinePoker Jun 19 #52

I don't want to sell my house Marthe48 Jun 19 #50

So 2/3 will sell? MineralMan Jun 19 #51

Our houses are most of our savings. marble falls Jun 19 #55

The Shifting Demographics of Housing Metaphorical Jun 19 #56