Homes Remain Hard to Find for Buyers

A shortage of homes for sale is creating a difficult market for buyers in the US.
The number of homes for sale is at a record low, and prices are ↑ due to high demand.
The pandemic has caused a shift in housing preferences, with many people looking for larger homes in suburban or rural areas.
The low supply of homes for sale is also due to a lack of new construction, as builders struggle with shortages of materials and labor.
High demand has led to bidding wars and many homes selling above their asking price.
Some experts predict that the housing market will remain tight for the foreseeable future.
Some experts predict that the housing market will remain tight for the foreseeable future.