What’s Positive About the Economy?

What’s positive about the economy? So many businesses out there have been negatively impacted by the health crisis that caused our economy to turndown in 2020. There’s so much negative out there, I always like to make note of some positives. Applications for new businesses have skyrocketed recently, more so than in the last 15 years. So people are seeing a need, realizing that they can shift into doing something different. People who are realizing that they can make a change and become their own bosses. They don’t have to feel stuck where they are. During the housing crash back in 2008 and during the great depression, many of the great companies of today were started. Also, according to the Home Price Expectation Survey, which is made up of a panel of over 100 economists, real estate experts, and investment and market strategists. They anticipate cumulative house appreciation over the next four years through 2024 to go up as well as a positive economy. The bulls, the more aggressive ones predict an increase of about 4.6%. The bears, the very conservative predict a cumulative house appreciation at 1.4% with all projections averaging an increase of 3.1% cumulative. They’re also anticipating potential growth in family wealth over the next five years to increase just under $51,000. So that’s not too shabby. I realize there’s a lot of negativity going on out there, but it’s always nice to focus on some of the positives. Everyone, I’m Rich Barnes owner, broker of Realty Experts in West Allis, Wisconsin, 53214. So if you’re thinking of buying or selling locally here in the Milwaukee and surrounding area, my team and I would love to assist you. Always reach out for any advice or feedback, as we would love to help. Thanks, and you have a great day. What’s positive about the economy?

Whats positive with the economy?
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