1ST QTR 2015 PERSPECTIVE – WHAT “MOMENTUM” FEELS LIKE FOR REAL ESTATE
Posted on Priel’s Perspective on May 18th, 2015
First Quarter 2015 Perspective – What “Momentum” Feels Like for Real Estate
Real estate’s performance during the first quarter of 2015 demonstrates the sector’s true resilience during this cycle, and gives investors reason to replace guarded optimism with real confidence. Thanks to a strong economy, consumers and investors alike found opportunities on both residential and commercial fronts. The results we’ve observed from our participation in the market affirm that yes, real estate has truly stabilized and is poised for growth. Here’s our brief summary of market indicators for the last quarter, and how they impact the industry through the rest of 2015.
Residential Markets on the Right Trajectory
Residential markets have demonstrated tremendous improvement in light of the diminishing impact of distressed assets on the category.The following indicators supporting the notion that “distressed” has become a passing footnote affecting industry performance