Home Prices Are Finally Going Down, Instead of Up: Why That’s Bad News

“This year, with very low mortgage interest rates, the expectation was that August would be business as usual. That didn’t happen…Those fears of a downturn could become a self-fulfilling prophecy: If one does materialize, about 56% of home shoppers are expected to put their search on hold until it passes, according to a recent realtor.com survey…”

-Realtor.com