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Inventory is exceptionally low, we're in several offer scenarios every day," Lewis said. This Article Is More In-Depth of those sales are made up of single-family houses, she stated. "We weren't expecting this." Regarding why the housing market is seeing a rise when other locations of the economy are having a hard time, Lewis indicated a few possible factors.

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" People's lives are also altering, too I do understand divorces are increasing right now, task losses, individuals requiring to downsize. But then a great deal of people have done actually well over the in 2015 from not putting kids in recreation activities or taking a trip, so they're buying property," she stated.

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