No one wanted to sell their homes because no one wanted to move during a global panademic. So supply, you can say, i sade constant to slightly decrease their just less existing homesales. And at the same time, demand started to spike. Why do deman spike? Well, because everyone was living in their studio apartment and thought it would be great if they bought a single family home that had a backyard....
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!