Tony Julianelle is quoted in The Mortgage Reports.
Homeownership is at its highest level in 12 years.
At least, that’s what a new report from the Census Bureau says.
Some experts doubt the data. Since the pandemic affected the survey, homeownership numbers might not be as high as they look.
But one thing seems clear: Home buying hasn’t gone away during coronavirus.
In fact, Americans are buying homes about as fast as they can be listed — even as the economy has stalled.
How is that possible? And what happens next? We asked the experts.