Are Home Prices Crashing or Just Catching Their Breath? This Chart Tells the Real Story

When it comes to real estate headlines, it’s easy to feel overwhelmed: “Housing crash!” “Prices plummeting!” But what’s really happening with U.S. home prices? This chart, tracking month-over-month price changes from the early 1990s to today, tells a clear and insightful story.

🔹 Blue bars represent months when prices went up.
🔻 Red bars show when prices dropped.

Take a look at the sharp decline around 2008—those long red bars show the real crash. Contrast that with the towering blue bars during the 2021 pandemic boom, when demand surged, and prices climbed rapidly.

So, where are we now? Recent months have shown mixed results: a little up, a little down, but nothing that resembles a crash. It’s a market that’s cooling, not collapsing.

💡 Key takeaway: Real estate is local. What’s happening nationally might not reflect what's happening in your neighborhood. If you're curious about how prices are behaving in Colorado Springs or your specific community, I’m here to break it down for you.

📲 Let’s talk about what the market shift means for your next move.