You could be forgiven for believing that the coming year will be a disaster for real estate given the economic impacts of the coronavirus crisis. After all, previous economic meltdowns – like the Great Depression and the more recent Great Recession – were both very bad for the housing market. But conditions are remarkably different now. So much so that 2021 looks like it could be a particularly good year for real estate.
Income Assistance and Forbearance
Low Interest Rates Are Helping
Demand Is High, Supply Is Low