According to Realtor.com U.S. home prices increased 5.7%, year-over-year in August. This is the largest price increase over the past two years. Considering how strong the housing market has been over the past two years this is truly impressive considering the current economic conditions. Historic low interest rates, extremely low inventory and a shift in priorities for more living space have fueled the housing market.
With the 2020 election quickly approaching politics are on top of mind for most Americans. No matter what side of the political aisle you’re on it’s interesting to take a look at how housing differs between Red and Blue states. Here are some of the highlights according to the article on Realtor.com.
According to Realtor.com U.S. home prices increased 5.7%, year-over-year in August. This is the largest price increase over the past two years. Considering how strong the housing market has been over the past two years this is truly impressive considering the current economic conditions. Historic low interest rates, extremely low inventory and a shift in priorities for more living space have fueled the housing market.
