$100,000 value loss on brand new Townhouses (in Nasvhille)

https://www.reventure.app/mobile The builder built these brand new townhomes right next to each other. The first sold for $900,000 in 2023. The second just sold for $800,000 - implying a $100k loss in value on nearly identical floor plans. The reason values are dropping is due to lower demand and sky-high prices - however, the buyer at $800,000 is still facing a big mortgage payment of near $4,500/month. Who can afford that in this market? The wealthy can, and much of real estate right now involves wealthy people selling to wealthy people, creating a distorted sense of where the market is. Want to cut through the noise on real estate and know where your market is heading in 2026 and 2027? Download the Reventure Mobile app today and upgrade to premium for only $39/month to see our forecasts and valuation rates by ZIP code. 💡 Join 1,000,000+ users using Reventure App to find undervalued markets, avoid housing bubbles, and plan their next move. 📊 Explore Reventure App web → https://www.reventure.app 📱 Download the iOS App: https://apps.apple.com/us/app/reventure-app/id6736954854 📱 Download the Android App: https://play.google.com/store/apps/details?id=com.reventure.mobileapp&hl=en_US --- Get priority during livestream chats by signing up as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting, Reventure App, or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel, along with Reventure App's data, and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting or Reventure App does not establish a formal business relationship.