Understanding the Current Housing Market

If you know anyone trying to buy a house right now, you know that they’re probably having a rough time. Utah real estate prices have shot up and everyone’s pointing fingers. From Californians moving to Utah, to the cost of lumber, to the pandemic, they’re all pretty common scapegoats for frustrated buyers. The fact is, no matter the cause, the number of homes for sale right now is significantly lower than normal. So why exactly is this happening? What is next? How is this different from the housing crisis of 2008? What do you need to do set yourself apart in such a competitive market? Unaffordable Utah reporter Ladd Egan joins us to help break it down. To watch the full video version and for a full transcript, go HERE.See our website for privacy information.