There’s a reason why so many buyers have struggled to purchase a home in 2021. The U.S. housing market has experienced a huge decline in inventory, and it’s caused home values to soar.
Right now, the U.S. residential housing market needs 5.24 million more homes in order to meet buyer demand, according to a new report from Realtor.com. And there are a number of reasons why.
6 Simple Tips to Secure a 1.75% Mortgage Rate
Secure access to The Ascent’s free guide that reveals how to get the lowest mortgage rate for your new home purchase or when refinancing. Rates are still at multi-decade lows so take action today to avoid missing out.
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