Housing shortage impacting local real estate market

If your Door County home is valued between $150,000 and $250,000 it will probably sell fast, according to Sturgeon Bay realtor Ame Grail.  With millions of seniors citizens staying in their homes longer than prior generations, home buyers and area realtors are feeling the housing shortage crunch.  According to economists at Freddie Mac, over 1.4 million homes have been kept off the market by owners born from 1931 to 1947.  Grail says the demand for homes covers all prices and locations.

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