Daily Data
Today, we're sharing a round-up of headlines for you from around the country:
Experts say real estate and inflation will dominate Texas economy in 2023
Real estate: Midwest is ‘last regional bastion of affordability’ for homebuying, economist says
7 Essential Recession Strategies for Thriving Entrepreneurs
Are we in a recession?
According to the definition of two consecutive quarters with negative GDP growth, we entered a recession starting in Summer 2022. There’s no doubt about it – the last several years have been an economic and social rollercoaster. When things are uncertain and the word “recession” gets thrown around, you’re bound to feel some anxiety.
But with recession talk taking over, you can’t afford to be fearful. Here’s how entrepreneurs tackle recessions head-on and come out the other side on top.
Find Investment Success at Every Stage of the Real Estate Cycle
Over the past year, we’ve experienced a fresh transition in the economy from inflation to recession. The economic intricacies of the market are difficult to predict and navigate. The real estate market, too, moves in cycles that are directly linked to the economy at large.
There are benefits and drawbacks to be found at every stage in the cycle: don’t listen to anyone who says otherwise! While timing the market may be an exercise in futility, developing proper strategies for each stage of the real estate cycle and its transitions will keep your wealth-building efforts on track.
Here’s what investors need to know...
The Word
Check out our recommended reading for the week:
- Startups may surge in sour economy (LinkedIn News)
- Property Investors Flee as Rates Rise, `Zombie' Office Buildings Lose Tenants (Investopedia)
- Nonresidential Construction Spending Increases 1% in November, Says ABC (Groundbreaking Carolinas)
- Managing a Slowdown: What the Top Investors Said at the 2022 ULI/McCoy Symposium on Real Estate Finance (Urban Land)