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American home prices are rising at faster pace now than in the last 20-years

American home prices are rising at faster pace now than in the last 20-years.

US home construction accelerated in April as builders try to outpace lack of supply on the market. Meanwhile, home prices remain steady despite interest rates remaining at elevated levels for the last year. What’s the outlook for the housing market, inventories and purchasing?

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions spoke with Ticker News Veronica Dudo about his views on buying sentiment and the risk of waiting too long to purchase a home in the current environment.

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