There are now more Real Estate agents than homes 4 Sale

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vanessaar

Age: 2023
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Points: 10

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If there has been one surefire beneficiary of the Fed printing trillions of new dollars and bailing out the entire U.S. economy at the cost of
what will likely be a hyperinflationary disaster in the future, it has
been the housing market.

The real estate market has surged into 2021, as newly cash flush U.S.
citizens (thanks to a slew of government 'free money') leave cities and
look to settle down in the suburbs. To say the market is running hot
would be a vast understatement.

And this, of course, has resulted in an influx of new realtors. In fact,
as the Wall Street Journal reports, "there are more real-estate agents
than homes for sale in the U.S.". It marks only the second time in
history The National Association of Realtors member count is above the
number of homes on the market. The other time was in December of 2019.

Posted 16 Nov 2021

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