The Federal Reserve and America’s big banks have significantly inflated home prices across the U.S. according to a number of statistics. In many towns across the nation, home sales are facing bidding wars and certain regions are seeing property shortages. One report notes that homebuyers are bidding against “pension funds and Wall Street types,” as investors now represent “20% of U.S. home sales.”

Investors and Deep-Pocket Rivals Are Behind 20% of US Home Sales

Things are looking pretty interesting in the world of U.S. real estate, and in nearly every region in the country home sales are skyrocketing. It’s fascinating, because even though the country has seen massive unemployment numbers and local businesses shut down for well over a year, the housing market is still on fire. Although, things are not the same as they once were…

Read more…

Share.

Comments are closed.