Babarina: We're in a shortage of homes, but houses have appreciated fifteen per cent in three months. So i tirs the difference between a bubble versus a fundamental supplying demand. What happened in two thousand and nine was the government did a mass amount of foreclosures and flooded the supply when demand was staying constant. Increase supply, demand stays constant, means prices are going to drop. Right ru to day, we actually have quite the number of properties on our waiting list....
To kick off this season of "The Next Unicorns," Adena Hefets, CEO of Divvy Homes, joins to discuss how they are helping Americans blaze a path to owning a home (2:51), if we are in a real estate bubble (25:37), the American home shortage (34:53) and more!