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In U.S. Markets With Skyrocketing Home Prices but Sluggish Jobs Recovery, How Long Can the Heat Last?
For some smaller metros that have boomed over the past year, the upswing hasn’t spread to the local economy
By Virginia K. Smith
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Originally Published On April 5, 2021
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A waterfront home overlooks the Deschutes River in downtown Bend, Oregon.
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In a gangbusters year for real estate markets across the U.S., resort towns and smaller cities so-called “secondary markets” have been some of the biggest winners, seeing an influx of well-off buyers eager for spacious homes in which to ride out the pandemic. ....

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