House prices in certain Southern boomtowns are predicted to drop significantly due to oversupply, decreased demand, and overvaluation, with potential buying opportunities in the next few years.
The 2020s are shaping up to be the best decade for America's real estate market with house prices increasing at a faster rate than in recent decades, driven by factors like the pandemic-induced 'race for space' and remote working trends.
Financial analyst Meredith Whitney predicts a 30% fall in house prices due to a 'growing crisis of the young American male' who are disinterested in starting families, leading to a surplus of available properties.