Interesting Conference today! The place was packed to hear guest speakers talk about the local economy and predictions for the housing market in the coming years. The talks were focused on how the regional economy can change gears as the federal government begins to slow spending.
Some of my key take-a-ways:
- Most agreed that the housing market is improving and should begin to normalize in the coming years.
- Demographics seem to favor smaller housing units close to jobs and transportation.
- Builders are beginning to request more permits and ….
This all leads me to believe if you are wise in your investment choices you should be able to have a very profitable business over the next few years.
If you want to view the slides from the presentation, you can find lots more at the George Mason web site at http://cra.gmu.edu/data/ .