Housing prices are rising at the fastest pace since 2005. Construction is up big time.
Low supply could change quickly and interest rates could rise once the feds stop manipulating them. As prices rise,less people are upside down and will put their houses on the market.
Some of the markets that require judicial foreclosure such as Florida, are trying to change the laws so that they can foreclose quicker.
It all comes down to supply and demand. Right now it’s messed up but it could change quickly and would slow down the rise in prices.