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Inventory is incredibly low, we're in numerous offer circumstances every day," Lewis said. The majority of those sales are made up of single-family homes, she said. " This Article Is More In-Depth weren't expecting this." Regarding why the real estate market is seeing a surge when other locations of the economy are struggling, Lewis indicated a couple of potential reasons.
" People's lives are also altering, too I do know divorces are going up right now, job losses, individuals needing to downsize. But then a great deal of individuals have actually done really well over the last year from not putting kids in leisure activities or taking a trip, so they're buying real estate," she stated.
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