Real Estate Insider Blog

Showing 1-1 of 1 articles.
03
Jan
2018

2018: THE YEAR REAL ESTATE TAKES CENTER STAGE

The last two years have seen the U.S. real estate market gain a remarkable amount of traction, surprising optimists and naysayers alike. Several important metro housing markets made impressive strides in 2017, confounding skeptics who predicted that runaway housing prices in some major cities would lead to diminished interest from prospective home buyers. Commercial construction meanwhile continues unabated in several regions of the country. In this commentary we'll look at the drivers behind the strength. I'll also explain why I believe 2018 will be the big coming out party for the real estate sector.

One of the reasons why real estate is a shoe-in for having a blowout year in 2018 is actually product of its recent success - namely, the forward momentum it has generated in recent years. The fact that most major metropolitan property markets have generated enough forward momentum in both construction and sales activity virtually guarantee a strong performance next year. The same could also be said of other markets, such as equities. Yet the stock market, unlike real estate, can reverse its forward momentum much faster which means one can never assume that a strong momentum market in the current year will necessarily translate into a stronger market the next year.

That said, contracts for developing properties are signed well in advance of the actual building, which in part explains the lagging nature of real estate trends. Due to the nature of real estate, the...



View Full Article

Posted Under:


Back 1 Next
Articles Per Page:

Best Home Buying Guide for the Clearwater Area

In this free eBook we'll discuss:

  • Mortgage Loans
  • Home Inspections
  • Benefits of Home Ownership
  • Tax Breaks and write offs
  • Total Monthly Costs
  • Down payment needed
  • How to submit an offer
  • Best schools & safest areas
Get the eBook now!
Error Submitting Form:
Processing, please wait.