The real reason for the frenzy in the real estate market

The real reason for the frenzy in the real estate market

US home prices increased 24% year-over-year in May, the highest increase in more than 20 years. The market is in a frenzy, with some home buyers bidding six figures over asking prices and sellers selling many homes within a week of their hitting the market. What’s really going on? It’s not like the last housing…