By David McGlothlin
An attractive market for real estate investment and development can start and end with the economy.
Hence, the woes felt during the Great Recession when the economy was down, unemployment was up and real estate activity was dramatically affected, but fast-forward to now. The stock market recently hit an all-time high, spending is up, unemployment is down and some experts are hopeful President Donald Trump’s proposed tax plan will give the economy another boost.
While many in the real estate industry remain cautiously optimistic about 2018, others are starting to think this expansion cycle is getting long in the tooth and starting to show signs for slowing.
