Blog Archives: November 2020

In March, the U.S. economy registered the most monthly job losses in history. In late July, it registered the biggest leap in existing home sales ever and the housing market has yet to slow down. So how has the housing market defied the coronavirus pandemic when so many other U.S. markets have predictably tanked? First off, this recession is not like the last one. In the years leading up to the 2009 housing crash, real estate prices had been inflated by speculators and various complex credit instruments. Here in 2020, housing prices might ...