Supply and demand. That has always been the driving force in real estate. If too much supply and too few buyers, prices will fall, and properties will take much longer to sell and sell at a discounted price. This was displayed in the recession of 2008. Fast forward to 2021, and supply is at an all-time low with the buyer population at an all-time high. To add to today’s frenzied market, interest rates are at an all-time low. These are more “all-times” never seen in the long history of this country’s housing market.