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Mass. real estate sales shrug off virus, economic concerns in 2020
A perfect storm of factors, including low interest rates and low inventory, has been driving the local real estate market
Gardner News
The numbers didn’t look so good in July, as COVID-19 had slashed the number of sales of single-family homes in Massachusetts by 23 percent in June 2020 compared with June 2019.
“I expected a recession similar to what we had in 2008, with stocks continuing to slide and real estate continuing to slide, and people feeling like economic prospects were poor,” Tim Warren, CEO of The Warren Group, said Monday.