Despite rising prices and mortgage rate, why are home prices forecast to rise even higher?
The data suggests that while some first-time homebuyers are getting priced out of the housing market due to affordability, prices are being driven by demand from repeat and all-cash buyers as they compete for a low supply of homes.
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HOT TREND: Home price growth in Boise City, Idaho, explained
The bigger question remains: is this growth likely to continue into 2021? Or is this just a hot trend that will fizzle out sooner than later.
Veros Taps Real Estate Data & Analytics Innovator Sarah Acosta to Lead Product and Data Operations
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Veros Real Estate Solutions Named to HW TECH100 for Eighth Consecutive Year
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