It’s no secret that the U.S. economy has been in a tailspin.
But a new wave is coming.
This new wave could help boost the fortunes of workers in the Midwest, especially if they can find work in their local communities.
It is a wave that is driven by the recent influx of foreign buyers who want to buy homes in the region, but aren’t interested in buying in the traditional sense.
They’re interested in the new and trendy style.
That means new, high-end, luxury condos.
And it means that many of these buyers are coming to the region from the United Kingdom.
This new wave isn’t necessarily coming from a bad place.
It’s coming from an economic place that has a high concentration of low-income workers and those who need assistance, according to John Schmitt, director of the University of Chicago’s Metropolitan Policy Program.
“There’s a lot of new workers in this country, a lot who need help,” he said.
“It’s a great time to be a home owner.
But we can’t afford it right now.”
The Midwest has been hit by the housing crisis for several years now.
The median price of a single-family home in the metro area has skyrocketed, to $2.9 million, from $1.6 million in 2015.
In some communities, prices have gone up even more.
A recent report from real estate company Zillow found that more than half of the nation’s metropolitan areas saw prices increase last year.
For some of these new buyers, it’s because they can’t find the homes they want in their own communities.
Some are choosing to settle for cheaper, less desirable properties in the suburbs, which are often more expensive.
The median price for a single family home in Lakewood, Colorado, jumped by nearly 40 percent to $4.2 million, according the Real Estate Board of Greater Denver.
A home on the outskirts of Denver, where prices are expected to climb by as much as 70 percent, is currently selling for $1,979,500.
“The market has become saturated and a lot more expensive to buy in the market,” said Julie Lohman, who is working as an agent with a real estate firm in Lakeview, Ohio.
Lohman said that her clients have moved away from the area, citing rising rents, job loss and an increase in homelessness.
She said she can’t help but wonder why some of her clients are buying so cheaply.
“I’ve seen a lot people who’ve been here 10 years, and they’re in the process of selling and then they just want to move away, and I feel that it’s kind of sad,” she said.
“A lot of people who are looking for a home are not really looking to make a change and move out, but they want to be able to stay where they are, but also they want a little bit of stability, so they can be financially independent,” she added.
While many people may think that it is a temporary shortage, Lohmann said the real estate industry is already facing a severe shortage.
The Midwest is facing an unprecedented housing crisis, with the median home value in Lake County, Ohio, now approaching $2 million.
According to Zillower, the region’s population is expected to double in the next 25 years.
At the same time, a growing number of Americans are moving away from cities in search of a better lifestyle.
More and more people are looking to live in cities, not just to work, according, the Real Economics Research Institute.
According to the report, the number of people living in metropolitan areas has grown by roughly 50 percent since the 1950s, with nearly all the growth occurring in the Northeast and West.
Even though the housing market in the United States is still in a precarious state, the real-estate market is showing signs of resilience.
Real estate agents are seeing more and more buyers willing to spend a little extra to own a home in their communities.
And they’re also seeing more of those buyers wanting to move to the Midwest.
Some are moving from New York, San Francisco, Los Angeles, Chicago and more, but many of them are staying put.
But while some are moving, others are moving to other states, which have experienced the same surge of home prices and unemployment.
Experts say that this trend will continue.
“There will always be people who can’t buy a home.
There will always have people who have to move elsewhere,” said Lohmeman.
“There will be people moving into certain regions that are more affluent, but there will always also be people in those regions who have a hard time finding a place to live.”