COVID economy falters, but Bay Area luxury home sales boom
https://www.siliconvalley.com/2021/03/25/covid-economy-falters-but-bay-area-luxury-home-sales-boom/
Sales of Bay Area luxury homes have surged during the COVID-19 pandemic, even as the economic upheaval has left thousands unemployed and many more families months behind in rent.
The number of Bay Area homes selling for twice a county’s median home value has skyrocketed during the pandemic in 3 of the 5 core counties, according to a Zillow analysis for the Bay Area News Group. Only San Francisco, suddenly bereft of urban amenities and charm, saw a substantial decline in luxury home sales compared to 2019.
COVID economy falters, but Bay Area luxury home sales boom
Mar 25, 2021, 1:45pm UTC
https://www.siliconvalley.com/2021/03/25/covid-economy-falters-but-bay-area-luxury-home-sales-boom/
> Sales of Bay Area luxury homes have surged during the COVID-19 pandemic, even as the economic upheaval has left thousands unemployed and many more families months behind in rent.
> The number of Bay Area homes selling for twice a county’s median home value has skyrocketed during the pandemic in 3 of the 5 core counties, according to a Zillow analysis for the Bay Area News Group. Only San Francisco, suddenly bereft of urban amenities and charm, saw a substantial decline in luxury home sales compared to 2019.