The US Housing Shortage Reaches a Crisis Point

The US Housing Shortage Reaches a Crisis Point

The US Housing Shortage Reaches a Crisis Point

A severe shortage of homes for sale has caused prices to surge for the last several years, driving up competition among buyers and leading to offers well over asking amid a fast run-up in mortgage rates. According to Realtor.com, the U.S. housing market is short between 2.3 million and 6.5 million units, a deficit caused
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