The perfect storm housing boom: 'We have never seen demand anywhere near this level.'
'For sale' signs are turning to 'sold' signs in record timing, houses are being sold way above listing prices, and all this is going on in the middle of the pandemic. So what's going on? How long will this last? And should we be concerned about what happens after the boom?
The Week in Philly from KYW Newsradio
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Show Notes
If you're in the market for a house, get ready to enjoy the ride! The housing market has been on fire and it seems like it's just getting crazier. 'For sale' signs are turning to 'sold' signs in record timing, houses are being sold way above listing prices, and all this is going on in the middle of the pandemic. So what's going on? How long will this last? And should we be concerned about what happens after the boom? Ira Brownstein, founder and president of MortgageCountry joins the podcast to talk about some of the wildest things he's seen in the market in the last year, why it's behaving the way it is, and tips for people who want to buy or want to sell in 2021.
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