Strobbe & Co : Real Estate-Appraisals-Construction

04/22/2026

12/03/2025

Housing analyst Melody Wright has warned of a significant U.S. housing market correction that could be "worse than 2008," predicting national median home prices may eventually fall by up to 50% to realign with stagnant median household incomes (around $78,000 as of recent data). She anticipates 2025 as the first year of flat to slightly declining national prices, with a more severe bust unfolding in 2026-2027, driven by rising inventory, weakening demand, and investor pullbacks from unprofitable properties. Wright cites Zillow data showing 53% of U.S. homes have lost value over the past 12 months (as of October 2025, the highest share since 2012), particularly in Sunbelt and Southern markets that saw pandemic-era surges. She argues this "contagion" of distressed selling could force government intervention as a buyer of last resort and raises concerns about the quality of investor-flipped homes flooding the market.

However, national metrics show resilience: the median home price rose modestly in 2024 (e.g., 3.4% year-over-year in October 2024 compared to 2023, per CoreLogic) and continued upward trends into 2025 (2.2% year-over-year from Q3 2024 to Q3 2025, per FHFA). Overall home prices have increased about 54.9% nationwide from Q1 2020 to Q1 2025, with sales volumes rebounding late in 2024 (up 4.8% in October and 7.2% in November). Wright's view is contrarian; most experts, including those from J.P. Morgan, Forbes, and Ramsey Solutions, do not foresee a crash or major correction in 2025-2030, citing persistent low inventory, steady demand from demographics like millennials, and limited supply as buffers against sharp declines. They predict subdued growth of 3% or less annually, with potential for more activity if mortgage rates fall further, though affordability challenges persist amid rising rents and homelessness. Some analysts, like Nick Gerli, highlight long-term shifts such as an aging population increasing deaths over births by 2033, which could add inventory and pressure prices downward over time.

06/02/2025

FOR RENT‼️ This 2 bed, 2 bath townhome at 2901 Stallings boast luxury finishes with the convenience of living in the heart of Jonesboro! The newly constructed unit has a custom bath accessible from both bedrooms. The full bath has a tiled shower, quartz topped double vanity, and a tankless water heater. Both bedrooms are spacious, with large, custom closets. The main level consists of an open floor plan made up of a living room that flows to the kitchen/dining area. The peninsula kitchen has an elevated bar top with room for 4. Off the kitchen is a pantry, laundry room equipped with a full-size washer/dryer, and full bath. The unit is furnished with a stainless full-size refrigerator, dishwasher, range, and microwave. The Luxury Vinyl Plank floors and stained stair treads make cleaning a breeze. All utilities are included (Gas, Trash, Water, Electric, & Internet). Located beside 7 Brew Coffee, south of ASU campus off Red Wolf Blvd in Jonesboro, AR. Complete an application and see photos online at the link below. Owner is a licensed REALTOR.

https://turbo.rent/s/1412941p

📍2901 Stallings Ln, Jonesboro
📐1,100 sqft
🏠 2 bed 2 bath
🗓️ Available July 15th
💲$1,550/month

Brandon Glenn, REALTOR ®️
Strobbe & Co. Real Estate
870-530-5010

04/08/2025

11/30/2023

House for Rent-1200 Pardew, Jonesboro AR-3 bed, 1.5 bath. $1450 per month. Deposit is one month rent. No hUD. Call 870-710-7585

1200 Pardew Jonesboro, AR 72401

11/11/2023

08/11/2023

Walls going up at the future ”Pecan Point” townhomes! Located at 2901 Stallings, the 2 bedroom/2 bath units will be a prime residential location adjacent to the new 7 Brew Coffee on Red Wolf Blvd, and just steps away from retail shops, restaurants, and Arkansas State University. Follow the progress on our page.

07/29/2022