There are 13 markets where prices have a greater than 50% chance of falling over the next 12 months.
KALAMAZOO, Mich — If you're a buyer in the U.S. looking for a good deal on a new home, things aren't looking great.
They identified 13 markets where prices have a greater than 50% chance of falling over the next 12 months — four on the West Coast, two in Arizona, four in the Northeast, and three in Michigan. Kalamazoo, Michigan is one of those markets. So I came out to see what is it about this market that we all can learn from.
But I asked Selma to look at Kalamazoo specifically. She identified key numbers that any of us can watch for in our areas.
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