Four Forces That May Fuel The Housing Market

Over the last year, we’ve seen the real estate market evolve from largely dormant to red hot in a number of areas – and several important factors point to a continued increase in home prices:

• Mortgage rates have risen, but are still historically low.
• Home construction still falls short of meeting demand. Remote work is likely to keep the suburbs attractive.
• And, importantly, the millennials—the largest generation in U.S. history—are expected to keep buying homes.

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