House prices are about to plummet by 20% in these pandemic boomtowns
House prices boomed across the country during the pandemic but some of these hotspots will see a dramatic drop in valuations, an expert has warned. In particular, the housing market in the South is in a 'bubble' set to burst, according to real estate analyst Nick Gerli. Gerli, CEO of analytics firm Reventure, predicts they could see prices drop as much as 20 percent over the next few years, with a 15 percent fall in the next year alone.
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