5 CRE Predictions for 2020
December 18, 2019 | Liz Brumer-Smith | Million Acres
No one truly knows what the future will hold, but it doesn’t stop us from trying. Experts have stated their opinions of where the commercial real estate (CRE) market will go next year. Here are my five CRE predictions for 2020.
1. Interest rates will remain low, possibly dropping lower
The Federal Reserve took drastic measures in 2019 to keep our country out of a recession, including lowering the federal interest rate three times and pumping billions into the repo market to keep it from collapsing overnight. The repo market is where short term bonds are traded to help Wall Street leverage cash. Additionally, economists expect consumer spending to decrease and GDP growth to decline in the coming year.
