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Three Trends Driving the “FOMO”

By Published On: October 16th, 2021Categories: Real Estate Insights

Despite the economic uncertainties surrounding the pandemic, Americans continue to display their readiness to buy homes. The fear of missing out – FOMO – is a big factor. So what are the three trends that are feeding this fear?

It boils down to this: low inventory, low mortgage interest rates, and bidding wars. Lawrence Yun, Chief Economist for the National Association of Realtors said this last week: “To our surprise, the housing market has not only recovered but roared past pre-pandemic levels.” You can click here to read the full article:

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“Your home has a story; I know how to tell it and sell it.”

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