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Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

I am not seeing that decline here.  Prices are stable based upon low inventory.  I love working with numbers and would love to see where redfin draws their information.  There is such a diversity of information and filters that two individual can run these numbers and come up with different results. so I ran the numbers myself and here is what I found

May 31, 2023 04:45 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Chicago and the suburbs from what I have seen are holding there own with a bit of price creep.

May 31, 2023 04:36 AM
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

I'm just outside of Washington DC and our inventory is still extremely low, so we are not seeing prices going down. If the property shows well and priced properly a multiple offer situation is highly likely.

May 31, 2023 04:13 AM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Not at all. There was a tiny downward movement late last fall, but it all changed over the winter and went crazy in the spring.

May 30, 2023 07:33 PM
Ryan Huggins - Thousand Oaks, CA - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm not seeing it here... and I'm just outside LA County.  Low inventory, prices are still up there.

May 30, 2023 05:10 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Can't say I'm experiencing a downward push in prices. Home prices are not appreciating at the same rate they were in 2021 and first part of 2022, but they are still holding their own. When you have just 1.3 months of inventory you are still in a seller's market.

May 31, 2023 04:52 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Probably just folks seeing stats to support their presupposed ideas on the market.

May 30, 2023 10:11 PM
Eileen Burns 954.483.3912
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FLorida Real Estate Connector

Miami Ft Lauderdale Palm Beach YTD SFH 2023

median price is up 1.7% tri-county



May 31, 2023 06:11 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Interesting how the media can plant opinions so easily. In my neck of the woods, and in other places that I know well, Real Estate is vibrant and while it may or may not fluctuate, it remains a hot ongoing topic time & time again

May 31, 2023 06:10 AM
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Inventory is still low here and prices are up year over year. 

May 31, 2023 05:37 AM
John Juarez
The Medford Real Estate Team - Fremont, CA

In my San Francisco East Bank market, south and east of Oakland, buyers who allow themselves to be guided by the cited article will find themselves on the losing end of a bidding war.

Inventory is woefully low and there are plenty of buyers. 

May 31, 2023 05:19 AM
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

I am receiving more automated search emails that have précis reductions. I do contribute this to seller (& in some instances listing agents) overpricing properties from the start. Don’t get me wrong, we still have plenty of properties that are selling over list price too! But I think the days of anything hitting the market is going to get multiple offers and sell over the asking price are setting. We are probably fairly level in pricing.

May 31, 2023 05:04 AM
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

Not a surprise.  Some of those markets (such as Oakland, San Francisco, Los Angeles, Seattle) are known for being dramatically spikey... but downward "trending"?  I'm not sure we're ready to call it a trend.

May 31, 2023 03:39 AM
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

So it appears! And we are still in 'on season' for another month-ish!

May 31, 2023 07:02 AM
Miriam Odegard
United Real Estate Indianapolis - Indianapolis, IN
Real Estate Broker Serving Greater Indianapolis

Short answer: nope. They've levelled off. Demand is still strong, as well. 

May 31, 2023 08:07 AM
Doug Dawes
Keller Williams Evolution - 447 Boston Street Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Prices go up and prices go down. Right now we have a strong market in our area. I see more prices being adjusted BUT, in my opinion, the current market is way overpriced 

May 31, 2023 07:38 AM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA

I have taken a little break from market reports since my move, but my last one did show a market decline in the Elk Grove area.  My Elk Grove friends say that the market has stabilized there since then.

May 31, 2023 07:04 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

As we all know, the market data is geo-specific.  To say that an entire city is seeing a decline does not mean specific areas within the city are seeing a decline in home prices. 


May 31, 2023 11:55 AM
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

ouch.  Interesting thing all those cities have in common.  

May 31, 2023 10:05 AM
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I live in Wisconsin and we are not seeing the values go down -- at least not yet.  We are still in a seller's market and buyers are still overbidding $5k to $40k over asking.  Crazy!  The biggest challenge?  Getting Inventory!

May 31, 2023 09:14 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC

The Charlotte market is slowing a bit but, sellers in the hot communities continue to command higher prices. Our inventory is still painfully low but, our buyer pool has been reduced in most areas as well. Appreciation is at a much more 'reasonable' rate now than in the teens we were seeing in the past 2-3 years.

May 31, 2023 08:09 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

One source doesn't mean much, especially when all real estate is local. A woman I know, put her house up for sale in SLC last month, got 8 offers and ended up closing $25,000 higher than list price...for example!

May 31, 2023 06:19 PM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Both Case-Shiller & FHFA home price indexes showed nationwide increases month over month and year over year : )

May 31, 2023 12:07 PM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

According to our County Assessor, prices here are going up faster and faster. Of course, we're a rural county. Assessment on my house more than doubled in 4 years. And they swear assessments are based on local sales.

Jun 12, 2023 12:39 PM
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Seems like low inventory is helping to keep prices up for most properties around here.

Jun 01, 2023 07:37 AM