What Just Happened to the Housing Market?

Just when you think the real estate market couldn’t get any crazier, another shocking week of developments has pushed the housing bubble into absurd territory.

We were well aware that prices have gone up over 30% since the summer of 2019. In some exceptional markets like Miami, this number is a lot worse. But with real estate, prices don’t always tell the full story.

What just transpired this past week pales in comparison to everything we have seen thus far. In today’s video, we break down the unbelievable developments happening right now across the market. For first-time buyers, this escalation is just another punch to the gut, pushing the American dream further from reality.