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Unemployment hits all time highs yet house prices continue to rise; Why?

Unemployment hits all time highs yet house prices continue to rise; Why?

by | May 27, 2020 | Atlanta Hard Money, Colorado Hard Money, General real estate financing information, Hard Money in the News, Hard Money Lending, Housing Price Trends / Information

We are in an interesting economic cycle.  In the last recession, house prices plummeted up to 60% in some areas.  We currently hit the highest unemployment rate since the great depression yet house prices continue to appreciate.  This is exactly the opposite of what...