For Real Estate Watchers Expecting a Slowdown, the Reverse
Posted by Matt Kanoudi on
For anyone who follows Costa Mesa real estate trends, this year has upended all expectations. Even following the declaration of the national pandemic emergency, the course of activity continued to follow an unpredictable path. Last Thursday, the National Association of Realtors® Newsroom revealed new details about the unforeseen shifts in the housing market. Normally, when the national economy sputters as profoundly as it has since to onset of the pandemic, it constitutes “a condition usually associated with slower home sales and lower home prices.” The opposite has come to pass on both counts.
The NAR’s key findings detail a market that has tilted toward more expensive—and more spacious—properties:
- Buyers have been seeking housing with more…
1533 Views, 0 Comments
