Home values across California are expected to drop in 2025, according to a recent forecast by Zillow.
The real estate company, which previously forecast a 0.6% increase in home values, now anticipates a 1.9% nationwide drop in its latest Home Value and Home Sales Forecast.
“While mortgage rates are in an especially unpredictable period, barring unforeseen shocks, Zillow expects rates to end the year near 6.5%,” the company said in its April 18 report…