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Inventory is exceptionally low, we remain in multiple deal situations every day," Lewis stated.  Read More Here  of those sales are made up of single-family homes, she said. "We weren't anticipating this." Regarding why the real estate market is seeing a surge when other areas of the economy are struggling, Lewis indicated a couple of potential reasons.

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" Individuals's lives are also altering, too I do understand divorces are increasing right now, job losses, people needing to scale down. However then a lot of people have actually done really well over the in 2015 from not putting kids in recreation activities or travelling, so they're buying property," she said.

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