While reports circulate about an American housing shortage, a comedic TikToker has gained some laughs with his take on the competitive market.

On Tuesday, Shaun Johnson (AKA The Johnson Files) shared a metaphorical one-man video skit where he played the role of an auctioneer who has listed an apple for sale and the buyers who are trying to lockdown the coveted fruit.

When Johnson walks over to ask about the apple that’s being put up for sale, he’s brushed off by the auctioneer in favor of a bidding war.

MEDIAN HOME PRICES ARE GETTING MORE EXPENSIVE AS THE

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A promotion, a pay raise and a 30th birthday all felt like the right time for St. Clair Shores resident Justin Donoghue to purchase his first home.

As he enters his seventh month of house hunting, he’s been outbid five times.

“It’s just been really disheartening to fall in love with a home, write my cutesy letter of why I deserve it and then to be outbid is pretty heartbreaking,” he said.

America’s largest generation is growing up and entering a new milestone as homebuyers. Millennials make up the largest population of home buyers, according to the National Association

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Competition in this spring’s housing market is hotter than ever, thanks to high demand and record low supply.

Selling a home has likely never been easier, and while that may sound like great news for real estate agents, there is a problem: They are desperate to find listings.

“Frankly, this is not the time for amateurs,” said Dana Bull, a Boston area real estate agent. “This is the big leagues here.”

Bull has been in the real estate business for over a decade and has never seen it so lean. It’s not just Boston; nationally there are about half as

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The MarketWatch News Department was not involved in the creation of this content.

Jan 29, 2021 (CDN Newswire via Comtex) —
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