The Crazy, Unprecedented, Downright Insane Housing Market – KUER 90.1

Exact property throughout the nation has by no means been A hotter commodity. A pair years in the past, Tright here have been already extra potential housebuyers than Tright here have been out tright here houses. However then the COVID pandemic hit, inflicting a greater housing demand coupled with a scarcity of lumber and enchancment labor.

Do You’d like to’re Looking for A house proper now, You understand what it’s like On the market: Costs of curiosity have not often been greater; People are lined up Across the nook to get into open houses; bids are far past asking worth. At 11 a.m. this Friday, we’re asking what’s Occurring with the housing market Across the nation and right here in Utah. A pair of of it has to do with the pandemic And huge money buyers snapping up houses, but tright here are the plain previous market forces of current and demand. Really, housepersonalership has prolonged been a nookstone of the American dream, so we’re additionally asking what it means when More and more extra individuals can’t afford A house of Their very personal. 

Visitors

  • Candace Taylor, reporter overlaying real property throughout the nation for the Wall Road Journal
  • Dejan Eskic, senior fellow On the Kem C Gardener Coverage Institute On the College Utah, studying housing, real property and enchancment Inside the state.
  • Katie McKellar, reporter overlaying state politics for the Deseret Information.
  • Conor Dougherty, economics reporter On the Ny Occasions