Hi Taylor: I’ve been reading about how there hasn’t really been a dip in homebuying even with COVID-19 and the economic struggles. Any idea where the market’s headed? — Nina
Hey Nina: Real estate, like everything else, has been pretty interesting in 2020. When the economy first shut down in March, home sales tanked. Since then, people have been buying at a pace close to what we saw in 2006 before the bubble burst. It’s hard to offer a long-term projection, but I’ve got some thoughts about what we’re seeing right now.