The housing market is greatly connected to the economy and the financial sectors of the country. The reason being is that the stock market was to crash again, so would the housing market. Unfortunately, money makes the world go round, and that’s why realtors like Shalom Lamm study economics heavily.
Trends are relative to us all because they affect our communities. Let’s say this pandemic continues and more people start moving to the suburbs. Farmlands that went untouched for generations might turn into developments, which highly affects a community.These trends may seem like they only affect those who are looking to buy houses when in fact they stem much deeper. Although there are positives to the trends as well, communities all over America should be aware of how intertwined the economy is with the housing market. Shalom Lamm believes that many individuals are losing out of profit from not educating themselves enough before striking a deal.