Where are home prices dropping the fastest?
The pandemic-era housing boom has ended. In some formerly hot markets, values are actually falling.
3 min read
Oct 19, 2022
Jeff Ostrowski
Writer and Housing Market Analyst
EXPERTISE
- Mortgages
- Mortgage refinancing
- Mortgage rate trends
- Housing market
- Real estate
EDUCATION
- Bachelor of Science, University of Illinois at Urbana-Champaign
- Master of Arts, University of Illinois at Springfield
- Continuing coursework, including NMLS Mortgage Loan Originator education and MLO SAFE Test
About the author
Jeff Ostrowski has closely covered two nationwide housing booms and one devastating bust. Before joining Bankrate in 2020, he spent more than 20 years writing about real estate, business, the economy and politics. He previously worked as a reporter at the Palm Beach Post and the South Florida Business Journal.
Since 2019, Jeff has served on the board of the nonprofit National Association of Real Estate Editors. He twice has won gold awards in the group’s journalism contest. His Bankrate coverage of housing affordability was also honored with a Best in Business award from the Society for Advancing Business Editing and Writing.
When he’s not working, Jeff enjoys surfing, biking and traveling, usually with a surfboard or bike.
Jeff is the author of How to Buy a Home in a Miserable Market, available in paperback and e-book on Amazon.
Jeff beyond Bankrate
Jeff wants you to know
When you’re applying for a mortgage, shop around and do your homework — informed borrowers can save thousands of dollars over the life of their loan. Don’t fixate on finding the absolute perfect option, though, or timing your loan to a low point for mortgage rates. If you’re borrowing now, mortgage rates could go down in the future. Avoid worrying about all those things that are both out of your control and impossible to predict.
Jeff's latest articles
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Low- and no-down payment minority mortgages still present risks
As more lenders aim to address the racial housing gap, they offer generous terms. Borrowers still face risks.
4 min read Oct 04, 2022 -
Housing supply squeeze finally begins to ease
After hitting an all-time low in January, housing supply is on the rise.
4 min read Aug 18, 2022 -
Why Florida is Bankrate’s best state for retirement in 2022
The Sunshine State came out on top for retirees in 2022, here’s how.
3 min read Aug 18, 2022 -
After a record run, the housing market finally shows signs of cooling
After two record-breaking years, the overheated housing market is showing signs of slowing down.
3 min read Jul 25, 2022 -
Homes that can withstand hurricanes, wildfires and other natural disasters
In a sobering trend for homeowners, natural disasters like hurricanes and wildfires are becoming more frequent.
5 min read Jun 28, 2022 -
Buying amid affordability squeeze? Here’s how homebuyers can cope
If you’re stretching to buy a home, here are some tips.
7 min read May 23, 2022 -
5 ways to expand the housing supply
Builders are getting creative in attempts to address affordability pressures.
4 min read May 17, 2022
