With surveys and polls, you really need to look at who is conducting them.
https://home-economics.us/about-2/
I found the survey results to be very surprising!
In 2025, housing demand is shifting toward the Eastern and Midwestern regions of the U.S., while softening across the South.
Interestingly, this marks a reversal from pandemic-era patterns.
In the South, housing inventory has risen 3.6% above pre-pandemic levels, driven by a wave of homebuilding activity. By contrast, the Northeast has seen inventory plunge 51%, fueling price growth.
This graphic shows where home prices are rising and falling the fastest in America, based on data from Home Economics.
Given their relative affordability and proximity to major cities, markets in the Northeast—particularly in New York, Connecticut, and New Jersey—have seen double-digit increases. Ranking first overall is Rochester, NY, rising 31%, where the median home price is just $286,000. Following next in line is Hartford, CT with 29% price gains, as out-of-state buyers have flocked to the market.
Home prices in Austin boomed over the pandemic, they are now down 12% in three years.
During the pandemic, home construction surged in Texas and Florida. But now, many of those homes sit empty. In Cape Coral, FL, sellers are cutting prices to attract buyers in a sluggish market. Out West, Oakland is the only metro among the top 10 for home price declines, with values falling 3% since August 2022. Even so, median prices remain high at $906,000—driven by the city’s relative affordability compared to San Francisco
Investment advice offered through Convergence Financial, LLC, a registered investment advisor. Legacy Wealth Management and Convergence Financial are two separate entities. Supervised by Convergence Financial, 3919 S. Providence, Columbia, MO 65203
Legacy Wealth Management offers insurance products and services through a separate, unaffiliated insurance platform. These insurance products and services are not offered through, sponsored by, endorsed by, or affiliated with Convergence Financial, an SEC-registered investment adviser.
Convergence Financial provides investment advisory services only. It does not offer, sell, recommend, or receive compensation in connection with any insurance products or services. Any insurance products or services obtained through Legacy Wealth Management are entirely separate from the investment advisory relationship a client may have with Convergence Financial.
Insurance products are not securities, are not investment advisory services, and are not subject to the same regulatory framework as the advisory services provided by Convergence Financial. Insurance products are obligations of the issuing insurance carrier and are not guaranteed, endorsed, or backed by Convergence Financial. Clients are under no obligation to purchase insurance products in connection with any advisory services they receive, and the purchase of insurance products through Legacy Wealth Management is solely at the client's discretion.
The decision to engage with any insurance platform or to purchase any insurance product is the client's alone. Clients should evaluate insurance products independently and may wish to consult with appropriate professionals before making any insurance-related decision.
Disclosures:
SEC Profile
Form ADV Part 2A Disclosure Brochure
Convergence Financial Customer Relationship Summary
Privacy Policy
Charles Schwab Customer Relationship Summary
Copyright © 2026 Legacy Wealth Management