SoFlo Flips

During this Covid-19 pandemic, many sellers held off or simply pulled their properties off the market because they didn’t want strangers walking through their homes in the middle of a public health disaster. Even though home prices were already high before this pandemic, the law of supply and demand asserts that when there are more buyers competing for a very limited supply of properties, prices will tend to go up. And that's what we are seeing happen.

But, will we see home prices continue to increase? Learn more of whats going on in the world of real estate here 👇.

Why Are Real Estate Prices Rising in the Middle of a Recession? In the early days of COVID-19, many were predicting a housing crash similar to that of 2009. Despite the fact we're officially in a recession, it turns out that's not what has happened—thus far, at least—thanks to other significant factors.

"Today, the 60-and-older generation owns about a third of America’s homes, and a new analysis by Zillow attempts to show how their aging will impact the housing market."

Study: Lots of Listings Coming as Baby Boomers Age Boomers own about 1/3 of all U.S. properties and 27% of them will sell their home within the next 20 years – but some metros will feel the impact more than others.

How Paying All Cash for a Property Affects Your Ability to Build Wealth Should you use cash for a property or a loan? It's a long-standing debate in the investment world. Is it better to aim for no debt, or is leverage an important tool? Here's what you need to know.