It seems crazy, but housing prices have actually hit record highs in many places, and the housing market is sweltering. If you thought you might find a bargain during the pandemic, you are out of luck. How can this be?
I wrote about this for CNBC's Grow website recently. You can read the entire story there.
As I often do, I turned to Logan Mohtashami for help with this story. He's a long time California mortgage broker now an editor at Housing Wire, and his chart wizardry makes him a favorite among journalists and on social media. Logan is an unabashed housing market bull, and I'll let him tell you why.
Visit Apple podcasts to hear our conversation, or just click play above.
Podcast: Why aren't housing prices going down? Bargain hunters, beware