The results of our recent survey about the economy and real estate market reflect uncertainty amongst landlords and investors during an election year and the Covid-19 pandemic.
Although 33% of respondents anticipated a “strong” economy over the next 12 month, 67% felt that the economy would be “fair or weak”. Ratings of “very strong” or “very weak” were notably absent and may indicate a wait-and-see mindset by investors.
Ratings for the real estate market were a bit stronger and indicated a slightly positive view for the market.