Zillow Weighs in on Housing Crisis: A Closer Look at the Challenges & Solutions | Huntsville, AL Housing Market ReportPosted by Matt Curtis on
Zillow Weighs in on Housing Crisis: A Closer Look at the Challenges & Solutions
The housing crisis in our country has reached a critical point, and Zillow has stepped in to shed light on its severity. Many economists have attempted to determine the size of this crisis, with estimates ranging from 2 million to over 6 million homes. Zillow came up with a pretty common-sense approach and the number they came up with was about halfway in the middle, which was 4.3 million homes.
I really like the approach that they took which was based on their search volume and their search portal, alongside assessing the current housing demand. According to their findings, they believe there are 8 million families across the US in need of housing. However, the…
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