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Inventory is extremely low, we remain in multiple offer scenarios every day," Lewis said. A Good Read of those sales are comprised of single-family houses, she stated. "We weren't expecting this." As to why the housing market is seeing a surge when other locations of the economy are struggling, Lewis indicated a couple of potential factors.
" People's lives are also altering, too I do understand divorces are increasing right now, job losses, individuals needing to downsize. But then a lot of people have actually done really well over the last year from not putting kids in entertainment activities or taking a trip, so they're purchasing property," she stated.
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