Crazy-competitive bidding wars and dreams of a second home fuel remote workers' addiction to real estate fantasies
U.S. home prices hit an all-time high in 2021, but those increases are expected to slow in 2022 thanks to a number of economic factors. Here’s what’s driving the housing market and what that could mean for prospective buyers and sellers.
Photo: George Frey/Bloomberg NewsThe object of her desire is Los Angeles real estate—a new apartment for herself and a house for her parents, who are considering a move from Louisiana. The 25-year-old self-described “ Zillow addict” works from her current apartment as a cartoon show writer, and her lunchtime browsing recently escalated to booking showings on breaks.
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