Will home prices drop in 2022 in Georgia?
Bottom line: We’re not seeing any major home price decline or crash in the Georgia housing market just yet. The present supply of homes in Georgia still favors sellers. In July 2022, total active listings in the state increased by 44.8% year-over-year.
Will home prices drop in 2022 in NC?
The North Carolina housing market continues to be robust in 2022 by a combination of high demand, limited supply, and steadily increasing house selling prices.
Are home prices dropping in Tennessee?
Tennessee is currently a seller’s market, with homes selling quickly and for more than they are worth. According to Zillow, the typical home value (or ZHVI) in Tennessee is $303,453. Tennessee home values have gone up 26.1% over the past year.