Why is the housing price in the USA not going down even though there are more than 20 million empty homes?
Why is the housing price in the USA not going down even though there are more than 20 million empty homes?
It depends on the market. In Northwest
Indiana we have a shortage of available
homes. There are way more buyers then
sellers. Which means many homes have
multiple offers. Many people from Illinois are
leaving because taxes are so high, which adds to the housing shortage. I guess it depends on your market.
there are couple factors which enforce each other
Low supply and high demand
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