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Also find out the best places to buy a home if you want it to gain value.
New Orleans
New Orleans tops Zillows list of metros where prices are poised to fall.
Homes are also selling faster than last year.
More importantly, average home values are down a significant 4.6%.
That could signal a market shift more favorable to buyers.
That suggests sellers expectations are aligning better with the realities of what was an overheated market.
Its just a matter of time before buyers catch up.
Austin, Texas
The Austinreal estatemarket saw massive gains in 2020 through 2022.
Low competition means low demand, which naturally drives prices down.
Each of these markets has a more than 70% probability of a decline, according to CoreLogics analysis.
The analysis has a 50% to 75% confidence score.
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