Cities such as Seattle and San Francisco that are flush with high-tech jobs and relatively lower unemployment rates are also seeing a strong recovery. Redfin’s homebuyer demand has bounced back to over 35% above its pre-coronavirus levels in both of these tech towns.
“The market doesn’t feel like it’s skipped a beat to me,” said Seattle area Redfin agent David Hokenson. “There were just a few weeks where the market stalled and people were scared, but now it’s already back to normal.”
