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Jason Mikkelsen
REALTOR®
(515) 231-4935

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2020 Outlook: Real Estate Market Forecast

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January
27

January 27th, 2020 by

2020 Outlook: Real Estate Market Forecast

We're in the midst of the longest economic expansion in U.S. history, and economists think there's still room to grow. A recent survey by the National Association for Business Economics found that experts believe the U.S. economy will remain positive throughout 2020.1

 

Still, given that recessions are a natural (and necessary) part of a business cycle, we know this period of growth will inevitably end. So you may be wondering … how will an eventual recession impact the real estate market?

 

Many Americans assume a recession would lead to a decline in housing prices like we saw during the Great Recession of 2008. But the real estate market crash we experienced wasn't typical. In fact, the last recession wasn't typical at all...

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Categories: Uncategorized
Jason Mikkelsen
Jason Mikkelsen Cell: (515) 231-4935 Email Me
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