5 Years of Change: How Placer County Real Estate Has Evolved Since COVID
Posted by Patrick Hake on
It’s hard to believe, but it has now been five years since the COVID lockdowns began in California. During that time, we’ve seen massive changes in the real estate market, driven by migration trends, shifting home preferences, and fluctuating interest rates.
From the market freeze of early 2020 to the record-breaking price surge of 2021, followed by the correction and stabilization we see today, let’s take a closer look at how Placer County real estate has evolved over the last five years.
Spring 2020: The Market Freeze
When California entered lockdown in March 2020, the real estate market came to a standstill. Open houses were banned, showings were limited, and buyers and sellers hit pause due to uncertainty.
But then, mortgage rates …
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