About this episode
The pandemic created a spike in demand for housing that sent real estate prices through the roof. Which means a lot of Americans could no longer afford to buy, while many of those who could are now experiencing buyer's remorse. NPR heard from many new homeowners who made compromises as they rushed to buy. Some even waived inspections or moved sight-unseen. Hyojung Lee, a professor at Virginia Tech, explains how low interest rates, lockdowns and a desire to stop renting created the real estate scramble. In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community. Email us at considerthis@npr.org . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy