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NJ Spotlight News | NJ's housing market is booming. How long will it last? | Season 2021

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The housing market in New Jersey is booming. It's what's known as a seller's market.
The video from PBS, titled "How Long Will the Real Estate Housing Boom Last?", discusses the current state of the U.S. housing market, which has seen significant price increases and high demand. Experts in the video analyze factors such as low interest rates, remote work trends, and a shortage of available homes contributing to the boom. They also express concerns about potential market corrections and the sustainability of the current pace, with some suggesting that the boom might cool down as interest rates rise and more inventory becomes available. The discussion includes insights on regional market differences and the impact of economic recovery on housing demand.

Read the Full PBS Article at:
[ https://www.pbs.org/video/how-long-with-the-real-estate-housing-boom-last-1614626239/ ]