Metro Realtors, developers hope decline in home sales is 'natural regression'

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During Thursday's virtual event held by the Des Moines Business Record, Nick Jensen, owner of property development firm Caliber Iowa, chose to look on the brighter side. He noted that during the 2007-2009 Great Recession, many construction subcontractors in Des Moines did not get paid when homebuilders went out of business and banks took ownership of projects, but that this time around, there doesn't appear to be as much of a threat.