Real Estate supply and demand

[Mark Greenawalt]

What is your opinion on where the housing market is going. Has there been a shift in prices?

[Michael Dumler]

@Mark Greenawalt I've heard some individuals state they are seeing a "cooling off" in the market and that home prices are starting to level out. However, all of this rhetoric is going to vary by market. I have yet to see any significant data indicating a shift in home prices in my market (Atlanta). With the forbearance and eviction moratorium coming to an end, maybe come 2022 will see some leveling out in home prices. Demand still at an all high here and inventory still very low. I don't think will see a correction in the market for at least a year or two.