Home values have skyrocketed in 2020 and will probably continue to go up until 2021and 2022 before we see a major housing market crash. Because the federal reserve already has said they will be keeping interest rates low until at least 2023 and because more and more sellers will probably not be listing their homes over the next few months, the demand for homes will stay high while the supplies will continue to shrink. All market cycles do have to come to an end though and I predict a housing market crash around the spring of 2022.
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