Home Buyers Have It Tough as Nation Faces Unprecedented Housing Shortage
Home Buyers Have It Tough as Nation Faces Unprecedented Housing Shortage
Home buyers won't be surprised to learn the pickings are slimmer than ever, as the nation is in the throes of an unprecedented housing shortage.
Clare Trapasso, provided by
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"House with ""sold"" sign in front yard"Ariel Skelley/Getty Images
It's no news to house hunters that the pickings are slim in today's real estate market. While that has been true for several years, the pandemic has made the situation worse as virus-wary home sellers have pulled their properties off the market, resulting in sky-high prices and out-of-control bidding wars for the remaining stock.