Community Corner
How Is The Housing Market Doing So Well During The Pandemic?
As the United States economy experienced its worst quarter on record, the housing market continues to boom.
By Heather Brown
August 31, 2020
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
MINNEAPOLIS (WCCO) — As the United States economy experienced its worst quarter on record, the housing market continues to boom.
According to the Minneapolis Area REALTORS® (MAR) and the Saint Paul Area Association of REALTORS®, July had to highest pending sales figure in the 16-county metro area compared to any other July since 2003, perhaps earlier.
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
So, why is the housing market doing so well? WCCO spoke with realtor Lyndon Smith with Edina Realty, and MAR research director David Arbit.
Read more at CBS Minnesota
