In the weeks since the Coronavirus Pandemic has changed daily life in our communities, economy, and market we’ve heard from many of our clients. In this rapidly changing environment, the most pressing question has been “What’s going on in the market?” Experts across the real estate investment community have been speculating on the trajectory of real estate markets in every asset class. Predictions range across a wide spectrum from dire to nonchalant.
Although we can’t claim to know the future, our experience has taught us the best hedge against uncertainty is data. We’ll leave the national economic forecasting and analysis to the economists. There is precious little quality local level timely data on our own real estate market. To that end, we’ve started releasing our market studies on a monthly basis rather than our usual quarterly intervals.
May 2020 Update:
We will continue to update these charts on a monthly basis and release the results as soon as we have the available. We hope everyone is safe and healthy.
All Market Trends and Market Studies can be downloaded from: “PLANNING AND RESOURCES”