Three big Texas metros, including San Antonio, reported declines in home values over the 12 months, suggesting the state's market bubble may have burst, according to real estate data analytics startup ResiClub. Of the 50 largest U.S. metros, only six logged declines in home values from September 2023 through September of this year, according to data posted on social media platform X by ResiClub co-founder and former Fortune magazine Real Estate Editor Lance Lambert. San Antonio experienced the third-steepest decline in home values over that time, with prices slipping 2.7% since September of last year.