Forget About Recessionary Real Estate Bargains: Home Prices Are Still Rising

Those hoping the coronavirus-fueled recession will bring another round of bargain-basement real estate prices are likely out of luck.
Even with the pandemic raging, a battered economy, and the highest unemployment since the Great Depression, median home list prices still jumped up 3.1% year over year last week, according to the most recent realtor.com® data of the seven days ending May 23. That’s about double the 1.5% annual rise from the previous week ending May 16.
READ THE FULL STORY AT Realtor.com

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