Jump In "Million-Dollar Cities''
The US Sees Record Number Of Record Sales In 2020
According to Mansion Global, the number of United States cities where the cost of a typical home is $1 million dollars shot up 17% in 2020. There are now 312 so-called "million-dollar cities" in the United States, 45 more than just one year ago.
The luxury real estate market throughout the United States was constantly setting records in 2020. Robb Report rounded up the most expensive properties sold from coast to coast during 2020, with the top 4 all clocking in at $100 million or more.
Technology Hubs To Fare Well In 2021
As a result of the current pandemic, technology companies with the ability to support a local yet remote workforce will drive the real estate market in 2021. Forbes reports that cities with these characteristics like Sacramento, San Jose, Boise, Denver, and Seattle are poised to see growth throughout the coming months.