Recently the Texas Realtors Conference was held in San Antonio. There were many great educational opportunities including a presentation by Mark Dotzour, Chief Economist for the Texas A&M Real Estate Center, in which he talked about the economic outlook for real estate investors and decision makers.
Overall his positive outlook for the economy is based on indicators such as:
- An increase in home, car, and retail sales
- Real Estate Construction has begun
- Home sales have stabilized
- More jobs are being created
However the following things could potentially put the economy on hold or in another slowdown in 2013
- Presidential Election
- Fiscal Cliff
- Debt ceiling drama
- European debt crisis
- Slowing down of China
He expects Congress to extend all tax cuts and the debt ceiling AND for the Fed’s to keep interest rates low
Check out the link below for the full presentation
The Economic Outlook for Real Estate Investors and Decision Makers
