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How COVID-19 Reshaped the U.S. Housing Market

The long-term impact of COVID-19 and the growing trend of remote work still impact the market today. A new study from Bright MLS revealed how low mortgage rates and increased savings fueled housing demand, causing a home price surge across the U.S.

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Affordability Surpasses Inventory as Top Housing Industry Concern

NAR polled more than 176,000 executives and senior management officials at real estate firms and found that housing affordability has left fewer buyers able to purchase a home due to the rise in prices and interest rates, as many potential sellers remain in place rather than choosing to sell.

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