U.S. housing prices are soaring, due to a combination of ultra-low interest rates, sky-high lumber prices and a supply-and-demand imbalance brought on by the pandemic. But with the federal foreclosure moratorium just lifted, things could soon change.
Axios Re:Cap speaks with Jeremy Wacksman, COO of real estate tech company Zillow, to better understand what the boom means for consumers and the country, and how long it might last.
