Ernest DesRochers featured in New England Real Estate Journal
President John F. Kennedy once said that “Change is the law of life. And those who look only to the past or present are certain to miss the future.”
When it comes to the current state of the commercial real estate market change is all around. Whether it is the economy and interest rates, technology advances, and lending strategies, the only constant is change.
The market sentiment for commercial real estate investing is still mostly optimistic but predicting the future is still an art and not a science and always subject to change.
For example, economists have been predicting for several years that we will be facing an economic slowdown in “the next 18-24 months.” Despite international trade turmoil most economists still predict that 2019 will be a healthy year, which is good for all real estate.