While the pandemic brought a lot of volatility to the residential real estate market, summer sales have more than made up for springs shortfall.
At Downing-Frye, the pending sales volume for June through August 2020 is 74% higher than the same period in 2019. With families embracing the work-from-home lifestyle, many buyers are seeking relief from congested urban areas. They are opting for virtual home tours and virtual closings to invest in a higher quality of life.
– Mike Hughes, Downing-Frye Realty, Inc.