positive thinking

“Change your thoughts and you change your world.” — Norman Vincent Peale While it's true that the housing market seems to have had more than its fair share of challenges in the last six years, there are bright spots if you look. Ever since the pandemic things have been, well, unprecedented. As usual, timing is everything. Since the Great Recession of 2008 an epidemic housing shortage was quietly building momentum behind the scenes. This has resulted in an estimated aggregate housing shortage of 3.7 to 5.5 million homes, driving demand and raising prices. Add in higher interest rates, inflation on everyday goods, AI-triggered job uncertainty and global unrest for a perfect storm of housing affordability headwinds. With that in mind it's easy to fall down the rabbit hole of pessimism and … [Read more...] about Make the Most of Bright Spots in the Housing Market