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The housing market is hot for many reasons Millenials are one of them

The housing market is hot for many reasons. Millenials are one of them. Updated Apr 17, 2021; Posted Apr 17, 2021 A real estate For Sale sign reading Sold hangs on Bard Avenue lawn as home buyers gain strength amid an ailing market.Thursday July 12, 2012. (Staten Island Advance/Anthony DePrimo) Staten Island AdvanceStaten Island Advance Facebook Share We’ve all heard about houses selling in days with multiple offers and bidding wars being the norm. But in the midst of a pandemic and all its implications it’s tough to understand why the housing market is so hot. Experts tell NJ Advance Media the record home-buying spree is being fueled by low interest rates, a flourish of millennial buyers and urban flight.

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