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How the U.S. Housing Market Was Rocked by COVID-19—and Where We Go From Here

Here is an article that is a must read.

By Elena Cox
Mar 22, 2021

As home buyers already know full well, the residential real estate market has been on a wild tear for the past few years—and the pandemic has pushed things to new, uncharted extremes. Buyers who had been cooped up indoors for months rushed into the market seeking larger homes in suburban and even remote locations. They were spurred on by record-low mortgage interest rates. And what have those masses of would-be buyers found? A fiercely competitive housing market marked by soaring prices and not nearly enough homes to go around.


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