The Housing Market Is Split. Here’s Why.The real estate market continues to make national headlines, but what happens when your experience doesn’t seem to match up with what you’re hearing in the news? If you’ve been experiencing any confusion about the real estate market in the last year, you’re not alone. It’s because the U.S. is in what’s called a bifurcated market, or a split market. Check it out.
What is a bifurcated market?
In the context of real estate, a bifurcated market refers to a situation where the housing market is divided into two distinct segments, each behaving differently in terms of pricing, supply and demand, and activity. While one segment may be experiencing rapid price growth and high…
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