Market Minute

In 2018, Freddie Mac had estimated that the housing market was 2.5 million units in need of what it wanted to satisfy long-term demand. The new estimate is as of the end of 2020 and it emphasizes the severity of the housing supply. Increasing the provision of houses on the market would definitely help deliver balance to this strong seller’s market, however the most recent housing market trends Sell Home don’t counsel that inventory is in all probability going to improve quickly. It continues to play an important supportive role in the country’s financial recovery. Current economic conditions resemble a “swoosh” pattern, with the preliminary impression from the lockdown adopted by a gradual restoration as the economy reopens.

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