With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a rebound will play out, expert economists around the country are becoming more aligned on when the recovery will begin.
According to the latest Wall Street Journal Economic Forecasting Survey, which polls more than 60 economists on a monthly basis, 85.3% believe a recovery will begin in the second half of 2020 (see graph below):
There seems to be a growing consensus among these experts that the second half of this year will be the start of a turnaround in this country.
Will this year's recession be as bad as — or worse than — the Great Recession? To understand the answer, we have to look at some key differences. Opinion piece by Brian Mullins.
The future is always unknown. However, many of us are looking to the recent past — or more specifically, the Great Recession — for a sign of what’s to come. With unemployment rates projected to climb 30 percent or more, this year’s crisis might feel even worse than what happened in 2008. However, the truth is that today’s situation is much different, especially for us in the real estate industry.
1. This is a medical crisis that has created an economic crisis
Let’s be honest, the Great Recession was created out of a few things — the American dream, greed and too much
A fun January 2020 snapshot of real estate statistics, rates and trends, here in North County, San Diego, CA. This includes our popular beach communities of Oceanside, Carlsbad, Encinitas, Solana Beach and Del Mar.
A fun December 2019 snapshot of real estate statistics, rates and trends, here in North County, San Diego, CA. This includes our popular beach communities of Oceanside, Carlsbad, Encinitas, Solana Beach and Del Mar.
November 2019’s quick snapshot of statistics, rates and trends, here in North County, San Diego, CA. This includes our popular beach communities of Oceanside, Carlsbad, Encinitas, Solana Beach and Del Mar.
