At the beginning of 2020, no one could have predicted that within months the world would be battling a once-in-a-lifetime pandemic, which would cripple both national and global economies. It was nearly inconceivable that local governments would be forced to limit or entirely shut down many business activities and that unemployment would rise to levels not seen since the Great Depression.
Just as no one could have predicted that national home sales would hit 14-year highs during this same time period, ringing in new price records in every major American city.
While it seems counterintuitive, what we’re seeing is two sides of the same coin. For better or worse, the roaring twenties have indeed arrived, and in Treasure Valley real estate at least,
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