Here’s what it means for both buyers and sellers
Demand for single-family homes is rising, along with prices, while inventory levels continue to fall. A new report from Zillow suggests that trend will continue “for years to come.”
For buyers, it means it may be harder to find an affordable home. For sellers, it means getting more money for your home as supply keeps falling behind demand.
It’s true that the current coronavirus (COVID-19) pandemic has contributed to the imbalance, but the researchers at Zillow say a signi...