Pandemic Housing Boom Beneficial to Homeowners, Creates High Competition for Buyers

Pandemic Housing Boom Beneficial to Homeowners, Creates High Competition for Buyers

By iHeartPodcasts

The pandemic has created a housing boom, but it’s different from the last time. Residential home prices are hitting highs that we haven’t seen since 2006. The big winners are people who already own homes because they can take advantage of lower mortgage rates, but on the other side, competition is stiff because of low supply. Nicole Friedman, reporter at the WSJ, joins us to talk about the crazy housing market.

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