Home Sales Hit Highest Level Since 2006

Paul Lizell reviews an article regarding home sales and how they have hit record highs since 2006.

Paul goes over the 2008 financial crisis all the way to what is happening today and what the underlying causes are of these records.

Covid among other things, unsurprisingly is one of the instigators of this change, as many people have migrated away from big cities. Record low interest rates is a major player as well, as the federal reserve is buying up bills to keep interest rates down.

He summarizes what markets are hot and what makes them so – from weather to tax rates to cost of living.