Many real estate professionals got blindsided in 2008. Most people in the sector didn’t understand that economics is directly tied to real estate and that the market cycle can be stronger than the value that you and your real estate firm are bringing to the table. However, it is important not to become paralyzed by this economic data. It is essential to balance the scales so that you are aware of what is happening in the economy, but are still able to make the right investments and keep capital earning interest.
Our guest for today is Taylor St. Germain who is an economic analyst from ITR Economics, where he provides economic consulting services and forecasting for small businesses, trade associations, and Fortune 500 companies across a spectrum of industries. Besides having a significant amount of experience relating economics to real estate, Taylor also has a broad focus which allows him to see the totality of the economy clearly.
Today we are going to discuss…
- What the leading economic indicators are that our guest uses to predict where we are in the cycle
- What these economic indicators tell us about the current state of the economy
- What a recession means for real estate and real estate investors
- What segments of the real estate sector are booming versus those which are showing signs of weakness
Learn more about our guest: