More Space, Please: Home Sales Booming Despite Pandemic, Recession
Despite high unemployment, a severe recession and economic uncertainty, the housing market is on a tear. Sales are booming and prices hit a record high. Low rates and remote work are driving factors.
For months after the pandemic hit, Caroline Wells and her husband were working remotely from their home in San Antonio, while trying to ride herd on their two young kids. She says the house has basically no yard and it's on a busy street. So sending the kids outside to play was not happening.
"Probably the worst moment was when I was actually on a focus group that my company put on to hear the needs of parents," Wells says. The Zoom call kept freezing because everyone in the house was
