We need to build more houses??

2 things happening in the world that make today different from the last market correction. 

👉 There are not enough homes being built for the amount of people that need them. This is particularly true in states like California where more than a million new houses are required to keep up with demand. 

👉 The largest demographic of home buyers have entered the market-millennials. Studies show that adults between the age of 22 and 34 typically buy their first home. 

What else can you think of that makes today different from 2008? I can think of a few.  Let us know in the comments below and share this with someone that needs to hear it.



#estateofgrace #krysbenyamein #kcm #keepingcurrentmatters #marketupdate #construction

 

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