Soaring home prices and higher mortgage rates are making homebuying more expensive, prompting some lenders to offer financing tools that haven’t been in
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D.M. residential real estate market tapped as one of the top in U.S.
BY BUSINESS RECORD STAFF Wednesday, December 16, 2020 3:21 PM
The Des Moines-West Des Moines residential real estate market has been named one of the National Association of Realtors’ top 10 markets and one that is expected to continue to perform well in 2021, according to a recent release from the group.
Markets that have performed well during the pandemic will likely continue to do well, Lawrence Yun, the association’s chief economist and senior vice president of research, said in a news release. “They will likely carry that momentum well into 2021 and beyond because of strong in-migration of new residents, faster local job market recoveries and environments conducive to work-from-home arrangements and other factors.