Supply might be limited, but the places where home prices significantly soared in the last year concentrated at the most expensive as well as the most affordable segments of the market, like Bridgeport.
At the beginning of March, it looked like the coronavirus pandemic was going to derail the housing market. People stopped listing their homes for sale and single-family sales plummeted as people sheltered in place.
Homeowners looking to sell this spring could face a growing trend among buyers, especially Millennials. Worried about the long-term health of home values, they want a house that looks ready to appear on HGTV.
