Mortgage News

Home Prices Are Crashing

May 12, 2025

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Home prices are starting to fall across many areas, signaling a major shift toward a buyer’s market. Mortgage demand is rising, with some lenders reporting a surge in applications. In Florida, price drops and slower sales are driving this trend. At the same time, the average age of homes being bought is increasing, revealing a generational divide in housing preferences. With the market changing fast, now’s the time for real estate professionals to act and build a recession-proof business.