The economy and Commercial Real Estate market are rapidly evolving, and it is more important than ever to remain up-to-date on recent changes and trends! We have pulled together the latest data to provide you with a snapshot of the state of the multifamily space, as of mid-April 2020. Check it out here!
The U.S. economy started the year on solid ground. As of early March, the economy was on track to produce stable growth, supported by a strong job market, positive earnings, and confident consumers who account for nearly 70% of GDP. Despite these seemingly positive underlying fundamentals, the Coronavirus or COVID-19 quickly put a halt on near-term global economic growth.
The road ahead will likely be filled with false starts and setbacks as we are currently seeing in early COVID-19 sufferers such as China, but as the global community unites, we will overcome the scientific and financial challenges ahead.
We cover everything from the impact of COVID-19 on the economy and the appraisal industry, to a closer look at a transforming market. In this issue, we discuss:
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