How could prices be rising so dramatically in the midst of high unemployment? Today I’m peeling back the layers to see what’s causing this counterintuitive phenomenon in both our local and national real estate markets. According to the Case-Shiller Index, which tracks home values, September 2020 was an absolutely monster month for appreciation. To find out how this was possible in the middle of COVID-19 lockdowns, we’ll need to take a look at which industries, in particular, accounted for the lion’s share of unemployment in our overall economy. To find out more about what’s fueling our remarkably hot market, watch this short video.