RE CEO Says Another Real Estate Crash Could Be Coming

Trump has certainly been a positive influence on the economy, huh? Home values have fallen month-over-month in more than 60 percent of U.S. counties in April, according to data from real estate platform Reventure App. Company CEO Nick Gerli compared the widespread decline to the wake of the 2008 housing market crash and the 2022 mortgage rate spike. Via Newsweek:

"More than half the country is now officially in month-over-month declines, indicating that the housing downturn is spreading," the real estate analyst wrote on X.