Home Prices Dip in Major Metros: What Investors Need to Know | Real Estate Market Update w/ Martin Perdomo

Send us a text The landscape of real estate is shifting beneath our feet. In this market update, we uncover the surprising trend of falling home prices across 11 major metropolitan areas—the largest drop we"ve seen in nearly two years. Cities like San Antonio, Oakland, and Jacksonville are feeling the squeeze most acutely, while national prices continue to rise, albeit at their slowest pace since last summer. Drawing from my own investing experience, I share the eye-opening reality of today"s market: a $299,000 property in St. Petersburg received just two showings in three weeks before finally going under contract at $288,000. This isn"t happening in luxury markets—this is the supposedly affordable range where most Americans shop. The perfect storm of high mortgage rates (now averaging 6.83%), economic uncertainty, stock market volatility, and tariff concerns has created a climate where "buyers are scarce and afraid." Despite inventory climbing by nearly 10% compared to last year, buyer urgency has evaporated. As a seasoned real estate investor, I"m adapting my strategy accordingly—pressing pause on flipping properties while doubling down on buy-and-hold multifamily investments for long-term growth. The market demands this pivot, and those who recognize and respond to these shifts will find opportunities even in challenging conditions. Ready to transform your approach to wealth building? Pre-order my upcoming book focused on growth, resilience, and creating lasting prosperity at wealthyaf.ai/pre-launch. You"ll receive a free e-book packed with actionable insights to jumpstart your journey. This isn"t just information—it"s your roadmap to navigating today"s complex real estate landscape with confidence. Support the show Introducing the 60-Day Deal Finder! Visit: www.wealthyaf.media Use the Coupon Code: WEALTHYAF for 20% off!