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Jason Mikkelsen
REALTOR®
(515) 231-4935

Posts from August 8th, 2022

2020 Outlook: Real Estate Market Forecast

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August 8th, 2022 by

When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis wouldn't happen again. Here's why forbearance worked.

Forbearance enabled nearly five million homeowners to get back on their feet in a time when having the security and protection of a home was more important than ever. Those in need were able to work with their banks and lenders to stay in their homes rather than go into foreclosure. Marina Walsh,...

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Categories: Buyers
Tags: Home, REALTORS, Home Sales, Sellers, Buyers, home mortgage
Jason Mikkelsen
Jason Mikkelsen Cell: (515) 231-4935 Email Me
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