Why brokers should expect positive returns in 2019 - Michael McVinney
Contact Michael McVinney, a NY licensed Real Estate Broker. Michael McVinney is also licensed in PA.
Bemus Point NY condos for sale,Ashville NY condos for sale,Lakewood NY condos for sale,Mayville NY condos for sale,Jamestown NY condos for sale,Falconer NY condos for sale,Ellicotville NY condos for sale,Fredonia NY condos for sale,Chautauqua NY condos for sale,Lakefront condos for sale,Bemus Point NY fsbo,Ashville NY fsbo,Lakewood NY fsbo,Mayville NY fsbo,Jamestown NY fsbo,Falconer NY fsbo,Ellicotville NY fsbo,Fredonia NY fsbo,Chautauqua NY fsbo,Lakefront fsbo,Bemus Point NY home for sale,Ashville NY home for sale,Lakewood NY home for sale,Mayville NY home for sale,Jamestown NY home for sale,Falconer NY home for sale,Ellicotville NY home for sale,Fredonia NY home for sale,Chautauqua NY home for sale,Lakefront home for sale,Bemus Point NY real estate license,Ashville NY real estate license,Lakewood NY real estate license,Mayville NY real estate license,Jamestown NY real estate license,Falconer NY real estate license,Ellicotville NY real estate license,Fredonia NY real estate license,Chautauqua NY real estate license,Lakefront real estate license,Bemus Point NY real estate agent,Ashville NY real estate agent,Lakewood NY real estate agent,Mayville NY real estate agent,Jamestown NY real estate agent,Falconer NY real estate agent,Ellicotville NY real estate agent,Fredonia NY real estate agent,Chautauqua NY real estate agent,Lakefront real estate agent,Bemus Point NY realty,Ashville NY realty,Lakewood NY realty,Mayville NY realty,Jamestown NY realty,Falconer NY realty,Ellicotville NY realty,Fredonia NY realty,Chautauqua NY realty,Lakefront realty,Bemus Point NY for sale,Ashville NY for sale,Lakewood NY for sale,Mayville NY for sale,Jamestown NY for sale,Falconer NY for sale,Ellicotville NY for sale,Fredonia NY for sale,Chautauqua NY for sale,Lakefront for sale,Bemus Point NY homes for sale by owner,Ashville NY homes for sale by owner,Lakewood NY homes for sale by owner,Mayville NY homes for sale by owner,Jamestown NY homes for sale by owner,Falconer NY homes for sale by owner,Ellicotville NY homes for sale by owner,Fredonia NY homes for sale by owner,Chautauqua NY homes for sale by owner,Lakefront homes for sale by owner,Bemus Point NY foreclosed homes,Ashville NY foreclosed homes,Lakewood NY foreclosed homes,Mayville NY foreclosed homes,Jamestown NY foreclosed homes,Falconer NY foreclosed homes,Ellicotville NY foreclosed homes,Fredonia NY foreclosed homes,Chautauqua NY foreclosed homes,Lakefront foreclosed homes,Bemus Point NY real estate school,Ashville NY real estate school,Lakewood NY real estate school,Mayville NY real estate school,Jamestown NY real estate school,Falconer NY real estate school,Ellicotville NY real estate school,Fredonia NY real estate school,Chautauqua NY real estate school,Lakefront real estate school,Bemus Point NY mls listing,Ashville NY mls listing,Lakewood NY mls listing,Mayville NY mls listing,Jamestown NY mls listing,Falconer NY mls listing,Ellicotville NY mls listing,Fredonia NY mls listing,Chautauqua NY mls listing,Lakefront mls listing,Bemus Point NY buying a house,Ashville NY buying a house,Lakewood NY buying a house,Mayville NY buying a house,Jamestown NY buying a house,Falconer NY buying a house,Ellicotville NY buying a house,Fredonia NY buying a house,Chautauqua NY buying a house,Lakefront buying a house,Bemus Point NY townhomes for sale,Ashville NY townhomes for sale,Lakewood NY townhomes for sale,Mayville NY townhomes for sale,Jamestown NY townhomes for sale,Falconer NY townhomes for sale,Ellicotville NY townhomes for sale,Fredonia NY townhomes for sale,Chautauqua NY townhomes for sale,Lakefront townhomes for sale,Bemus Point NY homesearch,Ashville NY homesearch,Lakewood NY homesearch,Mayville NY homesearch,Jamestown NY homesearch,Falconer NY homesearch,Ellicotville NY homesearch,Fredonia NY homesearch,Chautauqua NY homesearch,Lakefront homesearch,Bemus Point NY houses for sale by owner,Ashville NY houses for sale by owner,Lakewood NY houses for sale by owner,Mayville NY houses for sale by owner,Jamestown NY houses for sale by owner,Falconer NY houses for sale by owner,Ellicotville NY houses for sale by owner,Fredonia NY houses for sale by owner,Chautauqua NY houses for sale by owner,Lakefront houses for sale by owner, contact Michael McVinney, Real Estate Broker Michael McVinney, NY Real Estate Broker, NY Real Estate Agent, NY Realtor, Michael McVinney
18024
post-template-default,single,single-post,postid-18024,single-format-standard,bridge-core-1.0.6,ajax_fade,page_not_loaded,,qode-title-hidden,side_area_uncovered_from_content,qode-child-theme-ver-1.0.0,qode-theme-ver-18.2,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-6.0.5,vc_responsive

Why brokers should expect positive returns in 2019

This post originally appeared on Buildout’s Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.

Blog-25-featured-image

The commercial real estate industry had yet another year of widespread growth in 2018, with a strong economy encouraging near-record sales levels. But the economy moves in cycles, and most are predicting a slowdown within the next few years that could affect the CRE industry.

Despite these likely future economic shifts, there are still many reasons why you can be optimistic about your business’s growth in 2019, including high property values and steady interest rates.

Reports show commercial property values reaching impressive levels.

The value of commercial properties increased 15% from 2017 to 2018, which was just $8 billion short of the $569.9 billion sales record in 2015, according to research firm Real Capital Analytics.

And this year, February’s RCA 2019 report showed commercial property prices rose 6.3% year-over-year for the month, with industrial and apartment indexes both growing over 8% year-over-year. The retail sector also posted the strongest level of annual growth that it had seen in more than two years at 2.9%.

The Fed will leave interest rates alone in 2019.

The Federal Reserve recently announced that it would not hike interest rates in 2019. Federal Reserve Chairman Jerome Powell also expressed a firm confidence that the U.S. economy should “see a favorable outlook this year.”

This is good news for the CRE industry—borrowers will feel more comfortable taking loans with steady interest rates to invest in new properties.

Brokers are confident in the future of their businesses.

The results of our 2018 DNA of #CRE Broker Survey showed that brokers are optimistic about the possibility of growth in their businesses this year. Forty-five percent of brokers surveyed believed industry commission would increase in 2019, and 37% believed it would stay the same.

Brokers also showed confidence through expected team growth. Half of the brokers we surveyed said they think industry staffing needs will grow in 2019 and there will be more brokers in 2019 over 2018.

So, even if the economy begins to slow, the CRE industry has the strength to keep growing.

Continue to follow our blog for more insights on CRE industry news, technology, and marketing. You can also check out the DNA of #CRE Broker Survey results infographic to learn more about what brokers expect from the industry this year.

RSS Feed provided by theBrokerList Blog – theBrokerList for commercial real estate brokers (cre) and Why brokers should expect positive returns in 2019 was written by Buildout.