Real Estate Insider Blog
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DENVER — “This is going to be the longest economic expansion in the post-World-War-II era,” stated Kevin Thorpe, the global chief economist at Cushman & Wakefield.
He was giving an assessment to a crowd of reporters at the National Association of Real Estate Editors conference, and the general message was one of growth — not risk.
“The U.S. will not be going into recessions anytime soon,” Thorpe said.
“Recessions don’t just happen,” he added. “First we need to see imbalances somewhere in the economy — too much credit, too much exuberance in any particular sector.” Equity markets, oil prices, what the Federal Reserve does with interest rates and “wild cards” could change that, of course, but in general, Thorpe was confident that the economy is strong and will remain so for the immediate future.
“Of course there will be another recession at some point, and the next question becomes ‘What will the next recession look like?'”
In Thorpe’s opinion, it won’t look as gnarly as the last one. “It’s not likely to be nearly as severe as the one we went through in 2008-2009,” he noted. “Big recessions don’t happen very often; every 50 years seems to be the pattern. The next recession is probably more likely to be a traditional recession, with two to three quarters of job...
Many people dream of someday being able to own their own home. For others, they are looking to sell their current home and move into something larger to accommodate their growing family. Whatever your reason is for purchasing or selling a home in Florida, there is no time like the present to do so and Coachman Ridge would be an excellent choice.
Go here where you will see the number of days on the market in Coachman Ridge is only 52 versus an overall Clearwater average of 110. In addition, there are only 3 homes for sale right now out of a total of 255 in Coachman Ridge which makes this a seller's market for this area in my opinion. Keep in mind that it can also be a good choice for buyer's as prices have remained somewhat flat and are expected to go up considerable after the November elections which is typical. Also, the fact that Coachman Ridge is in one of the best locations in Pinellas County at an affordable price, makes this subdivision and excellent choice.
The economy in Florida is doing very well.
Because the economy is continuing to grow at a healthy rate rate, more and more people will be looking to purchase a home. This means that anyone interested in selling their home stands a better chance of being able to take advantage of the market right now and the Clearwater, Florida is an ideal place to live. Home prices are predicted to go up by about 5 percent, while...
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Specializing in the Clearwater Area!