SCPD 2017 In Review / 2018 Prospectus

In Monthly Solds Sun City Palm Desert, Real Estate Insights, Sun City Palm Desert, Sun City Palm Desert Real Estate Insights, Sun City Palm Desert Real Estate Trends
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All the happenings that 2017 brought us both nationally and abroad were a bit overwhelming at times. Trying to keep up with the daily news (or fake news, depending on your political leaning) cycles covering tweets, nukes and hermit kingdoms was nearly impossible. No doubt this is an incredibly important time for our economy and our nation, but the year left me feeling a bit battered and off balance like I just disembarked from a rough week at sea.

One thing that is hard to debate is the health of the US economy according to key economic indicators. According to the average estimate of 52 economists surveyed by Wolters Kluwer Blue Chip Economic Indicators in early December, GDP growth is to remain between 2-3% in 2018, while consumer spending and industrial production are to increase 2.5%. Growth in business investments is also to increase by 4.5%. All the while unemployment is projected to inch down from 4.1%, and the Dow is above 26,000 today (1/17/18). All indicators seem to point to a healthy and robust economy in 2018.

 

Has the momentum of the economy translated to a positive outlook on home prices in Sun City Palm Desert? Click here to read more.

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