This year is nearly in the books, and business owners in every industry are already shifting gears towards 2016. However, with the New Year nearly upon us, what can those in the real estate industry expect? What direction are things heading? Better yet, how can real estate investors better position themselves to take advantage of what is to come?
2015 saw the real estate industry make up a lot of ground, but many expected the recovery to extend further than it actually did. For all intents and purposes, our expectations were not met. Fortunately, with just a few short weeks left in December, it looks as if 2016 will be more promising. Momentum already looks primed to carry over to the New Year in the form of several fundamentals.
Let’s take a look at what will help shape the real estate landscape in 2016, and examine how investors can use this information to get ahead of the curve: