{"id":7255,"date":"2021-09-02T06:00:08","date_gmt":"2021-09-02T10:00:08","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=7255"},"modified":"2021-09-02T06:00:08","modified_gmt":"2021-09-02T10:00:08","slug":"5-reasons-todays-housing-market-is-anything-but-normal","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=7255","title":{"rendered":"5 Reasons Today\u2019s Housing Market Is Anything but Normal"},"content":{"rendered":"
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\"5<\/p>\n

There are many headlines out there that claim we\u2019re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that\u2019s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning.<\/span><\/p>\n

Here\u2019s the definition of normal<\/a> from the Merriam-Webster Dictionary<\/em>:<\/p>\n

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\u201cconforming to a type, standard, or regular pattern: characterized by that which is considered usual, typical, or routine.<\/strong>\u201d<\/em><\/p>\n<\/blockquote>\n

Using this definition, here are five housing industry metrics that prove we\u2019re nowhere near normal.<\/p>\n

1. Mortgage Rates<\/strong><\/h4>\n

If we look at the 30-year mortgage rate<\/a> chronicled by Freddie Mac<\/em>, we can see the average rates by decade:<\/p>\n