Some areas are still dropping, especially down in South NJ. Others are rising, but slightly.
A few rare areas (mostly very near NYC or wealthy towns) are doing well.
As far as the NV decision that HOA liens take first precedence, wouldn’t that actually have the potential to lower prices.
On the one hand, an HOA foreclosure would be more valuable since the status is less ambiguous. On the other, it would allow the HOA to auction at minimal reserve. If the bank gets fawked, what do they care as long as they get theirs back?