
Wait, What?! Why Are Real Estate Prices Rising in the Middle of a Recession?
A short while ago, I noted that an analysis by Redfin found list prices had already dipped by 6.4% from March to April. This was, as many thought, the first sign of a general decline in housing prices. It turns out that that’s not what has happened (thus far, at least). The Wall Street Journal reported: “The economy is shrinking,…
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