The reverse markets where home prices are falling

These reverse mortgage markets are seeing significant declines in median home listing prices

Real Estate Insights by Snapforce |
Nationally U.S. home prices have remained stubbornly stuck at levels that exasperate housing affordability and defy the economic fundamentals of a healthy market. Last week we investigated this phenomenon but today we are going to look at specific metros that have seen significant price drops in the states that have the largest concentration of HECM endorsements. We will also look at those markets that have seen modest appreciation.

California, Florida, Arizona, Colorado, and Texas account for 55% of all HECM endorsements in the fiscal year 2022 according to the 2022 Independent Actuarial Review of MMI Economic Net Worth for Home Equity Conversion Mortgages. To track home price trends we will be using SnapForce CRM, a tool we reviewed in detail in February which tracks US home listing prices, inventory, and new construction.

Today, we will be focusing on median list prices and price reductions by county with the areas

Read More

1 comment

Why the Fed must address record-high home prices – August 28, 2023 at 2:04 pm

[…] either by working with an experienced local real estate professional or by utilizing SnapForce CRM (watch video of Snapforce in action) that provides updated housing data each month for median home prices, affordability, inventory, […]


Leave a Comment uses cookies to improve user-experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Cookies View Policy

Subscribe To Our Newsletter
Be the first to get latest Reverse Industry updates and exclusive content straight to your email inbox.
Your information will never be shared.