Tag: recession

Rental Prices Are Rising for These Big-City Apartments, but Falling for These Others
By: Date: November 14, 2020 Categories: Coronavirus,pandemic,recession,Rent,Renters,renting,space,square footage,tenants,Trends,Uncategorized Tags: , , , , , , , , ,

The standard pandemic narrative goes something like this: COVID-19 pushed renters into fleeing their tiny, claustrophobic apartments in the big, expensive cities—in turn causing monthly rents to plummet. However, it turns out that’s only partly true. Nationally, monthly rents continued to fall for studios, typically the smallest spaces, according to realtor.com®’s October rental report. However,…

Read More →
Despite Uncertainty, Home Prices Are Rising by Double Digits in Much of Nation
By: Date: November 14, 2020 Categories: appreciation,buyers,home buyers,home prices,home sellers,pandemic,price increases,Real Estate News,recession,Sellers,Uncategorized Tags: , , , , , , , , ,

Home prices across the nation continued to defy reason as they sharply headed up—even as the turmoil over a hotly contested presidential election, the coronavirus pandemic, and high unemployment persisted. Unlike during the Great Recession, the median price for single-family homes zoomed up in the third quarter compared with the same period the previous year…

Read More →