According to Urban Land Magazine, “The U.S. property market landscape in 2017 will be characterized by continued strong fundamentals, increased investment flows, and high transaction volume.”
What does that MEAN?
Translated to human talk that says – “Gee, golly – More of the same.”
After all the fears and political posturing, consensus among the big bank economists is that the U.S. economy should continue to grow moderately and add jobs. Domestic employment is expected to continue to grow, adding to demand for commercial real estate.
Internationally, Brexit and other events are likely to make investments in U.S. assets – particularly commercial real estate – more attractive than ever.
While the bulk of that investment will be in major money centers, smaller markets – like Columbus, Ohio – are becoming more interesting to even foreign investors. For domestic and local investors, most of the residential new construction opportunities are rapidly becoming a little less attractive, except for extremely specific and well-managed projects.
Fabish Group Realty believes that there are now many high-value opportunities – call us to discuss your investment needs.