If you’ve been doom-scrolling the latest real estate headlines, you’ve probably seen some version of “Home Prices Are Falling!” or “Equity Losses Hit Homeowners!” Cue dramatic music and a close-up of someone clutching their mortgage statement.

Let’s clear the air.

Yes, in some markets, prices are dipping by a few percentage points. But here’s what those headlines don’t mention: the equity gains homeowners have built over the past few years are still, in most cases, insane—in the best possible way.

We’re talking double-digit appreciation in many areas since 2019. Even with a small drop now, most homeowners are still far ahead. A 5% price dip doesn’t sting so much when your home value shot up 30–50% during the pandemic boom. That math still adds up in your favor.

So who is feeling the pinch?
Mostly buyers who purchased in the last year or two, especially those who bought at the peak of the market with minimal down payments. For them, equity might not be quite as cushy yet, and short-term dips could feel a little more personal. But even that’s likely to be temporary. Real estate is a long game, and markets—just like interest rates—tend to balance out over time.

Why the panic then?
Because “Slight Market Correction in Isolated Zip Codes” doesn’t generate clicks. But “Homeowners Losing Equity!”? That’s gold for engagement. Unfortunately, it’s also wildly misleading.

The bottom line?
If you’ve owned your home for more than a hot minute, chances are you’re still sitting on a mountain of equity. The market may be shifting, but this isn’t a crash—it’s a correction. A breather. A much-needed sip of water after a long sprint uphill.

And if you’re thinking of buying or selling? Now more than ever, having a savvy, straight-talking real estate pro (hi, that’s us 👋) can help you read past the headlines and make smart, informed decisions.