Given rising mortgage rates that spiked to their highest levels since the 2008 housing crisis and fears of a recession, the real estate market has been preparing for a slowdown. Many experts are cautioning sellers to say goodbye to the pandemic housing boom and welcome an era of fewer bidding wars and higher inventory. That said, national home prices are expected to increase 4.3% between June 2022 and June 2023, according to CoreLogicCLGX 0.0%. Still, some areas across the country remain particularly vulnerable to falling home prices.

Here’s a rundown of where we might expect to see falling housing prices, based on cities where sellers are slashing asking prices, markets most vulnerable to a recession and overvalued communities that are set for a correction.

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https://www.forbes.com/sites/reneemorad/2022/08/28/us-cities-where-home-prices-are-falling-fast/?sh=691afb21417b

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