Fake post. Much like your Pork ribeyes..
Not every house in every market is decreasing. That didnt happen even in 2008. People will still buy houses for a host of reasons.
The trend is decreasing values in most major markets in the South and West
But: Houston area in general
IS decreasing. Great yours didn't
Houston
The Houston housing market is currently experiencing a decline in home prices, with the average home value dropping to $265,062 as of April 30, 2026. This represents a 2.7% decrease over the past year. Homes in Houston typically go pending in around 35 days, indicating a relatively quick selling process. The median sale price of a home in Houston was $345K last month, down 2.8% since last year. The market is somewhat competitive, with homes receiving an average of 2 offers and selling in about 64 days. The median price per square foot in Houston is $179, up 0.6% since last year. Overall, the Houston housing market is showing signs of a cautiously favorable environment for buyers, with mortgage rates unlikely to drop back to historic lows.
https://www.zillow.com/home-values/39051/houston-tx/?msockid=115c73f7c21c6e3e271964abc3be6fcd
And I'll copy the post up the page aways answering the same question
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All depends on location of course. As usual.
Generally, prices have cooled, there is a bigger number of sellers than buyers by a large margin overall. People who bought 7-10 years ago at 3% mortgage are trapped. They’re not lowering their price and can’t move into another home under 6.5%
We may not see a 2008 type housing crash, but prices will eventually have to come down.
Prices are coming down fastest in places where a huge number of people moved to in the past 5 years. The mass migration inflated prices. What goes up comes down.
Places with no city utilities and 100 miles from the grocery store where they buy $3.99 lb pork ribeyes won’t come down much if at all and will probably increase by 20-30% … outside of Houston
Way more sellers than buyers which will drive prices down.
At no other point on record have sellers outnumbered buyers this much. Home prices will likely fall as a result.
www.redfin.com
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
www.cbsnews.com
Home price growth is stalling across the U.S., but some parts of the South and West are getting hit harder.
www.realtor.com
Total BS, I just looked. Educate yourself, unplug from X Dude...Fake News....total BS. I checked over 2 dozen properties, all over Houston area...properties I am well familiar with, all of them have increased from 2 years ago. Even here where we live acreage prices have increased. I have been watching the market for over a decade. I have heard the same BS since 2008 crash. People living in Fear...nothing is decreasing....
Son-in-law was looking at a property last week, $1.5 million 64 acres 3.200 sq ft house with pool. It sold in only a few days. He was even surprised it sold so fast, he even had set up a showing but it sold before we could go look at it. Now this one I have no idea the history. I use Zillow, I like it better than HAR, anyway, all you have to do is look at the history of any home, you will get the dates it listed/sold and yes you will get estimated pricing and yes Zillow has always been known to be a bit higher than actual selling price but what you can see is the chart line is almost straight across from 2 years ago. Sure prices go up and down but this has always been the case. I see zero evidence of prices decreasing.
Also, what's with the pork you keep talking about...never even heard of pork ribeyes. We only buy beef and only when they are on sale. Got Memorial Day coming up, they will be on sale, we buy then and freeze them. Last buy was about $6-7 a pound at HEB, a HUGE grocery chain in the big cities here, we only have Dollar General here...
One thing we have noticed these sales were like clockwork, Kroger, HEB, Randals all had Beef Ribeyes on Sale on major holidays. Lately, the last few years, not all have them on sale anymore. Brookshire Brothers had them on sale last time we got them but had to go to HEB too since they all have limits of how many you can buy. Normally 1 or 2 packs (avg. 3 in a pack) and HEB has you spend $20 on other items too to get them at that price. For a decade at least we were getting them at $5-6 a pound. Wow they went up a whole $1 in a decade...lol
All depends on location of course. As usual.
Agree
Generally, prices have cooled, there is a bigger number of sellers than buyers by a large margin overall. People who bought 7-10 years ago at 3% mortgage are trapped. They’re not lowering their price and can’t move into another home under 6.5%
I thought all the headlines say there is a shortage of Sellers, less inventory...though I unplugged awhile back from all the stupidity...3% rate will stop some but very few from buying at 6%, and the ones they say are holding out were never Buyers in the first place. I call BS on this too.
We may not see a 2008 type housing crash, but prices will eventually have to come down.
Prices are not coming down, they have never came down in all the history of the housing market. Were there crashes, sure, will there be more, sure. Best way to look at this is with new builds, they will always increase in price as with property...
Prices are coming down fastest in places where a huge number of people moved to in the past 5 years. The mass migration inflated prices. What goes up comes down.
Prices inflated because of the Plandemic, IMO. Sure prices went up due to migration and yes there was a recent California mass migration but we had a migration back when the steel mills were closing, this is how we got Fireplaces in all our homes down here, alot of people from Pittsburgh came here, new homes started putting in fireplaces. WHY??? we don't use them down here. My whole childhood in the 60-70s, no one had a fire place. So point is, migration happens, always have, no one moves North, everyone moves down South. The what goes up comes down is far from true, there is no gravity with greed, things only go up, never down. When I bought my truck in 24 I paid more than what my house cost back in 90. Nothing comes down in price...we are stuck with the Housing prices and sadly with the food prices too which was also caused by the Plandemic.
Places with no city utilities and 100 miles from the grocery store where they buy $3.99 lb pork ribeyes won’t come down much if at all and will probably increase by 20-30% … outside of Houston
When we moved out here I thought, great we will get good prices on beef, heck we have cows behind us, our neighbor across the street leases his land, we see a couple dozen head, there are auctions in all the towns around us. Haha, what was I thinking. We have to drive 40 miles to a city to get our beef. Even the Farmers Market that our small town has every Saturday is a big disappointment, no farmers are coming to town selling their crop. Still don't know what a pork ribeye is...haha...I am sure a porker has the same area of meat a cow has though...
Way more sellers than buyers which will drive prices down.
Agree, this has always been the case, nothing has changed here.
So since my sharing what my friend informed me of about our old house being pretty much the same price as when we sold back in 2024 has sparked this conversation I am going to call three Realtors that I know and ask them, they watch the market daily. One of them, the one that sold our last house and our daughters house and is presently working with our other daughter is #3, third highest Seller at one of the top Realtor firms in the Houston area. She has a staff that she pays herself that works with her. Boots on the ground, best place to get the Truth....
