Why Is The Housing Market On Fire?

👉 If you like what you hear in this video, be sure to SUBSCRIBE: current housing market is on fire! But when will the housing market boom cool down?

Everybody wants to know.

To answer that question, you’ve got to understand the 4 factors that have got the market so hot!

I’ll break all 4 of those down for you and then give you my thoughts on what could spark a market shift, and which one is likely to happen first.

Between the effects of COVID-19, a millenial generation that’s ready for home buying, and a growing demographic demand, it’s no wonder that the current housing market is as hot as it is.

Homes are selling well above their asking prices. In fact, these days the asking price is just a starting point.

But there are signs that this housing market boom may not last forever.

If you want to learn more about what’s causing this unprecedented housing situation, you don’t want to miss this one.

The Four Factors Heating Up the Current Housing Market:

1:58 - Low supply of homes for sale. COVID created a shortage and now the homes on the market are subject to bidding wars.

3:30 - We can't build new homes fast enough.

4:30 - The demographic demand. Between 72 million millennial Americans, and a growing number of hispanic home buyers, this demand is a real contributor to the housing market boom.

5:39 - Record low interest rates. Low interest rates are still boosting consumer buying power.

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The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Matt Theriault is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicles.

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