BELLEVUE, WA—Top real estate executives continue to be bullishabout improvement in the US housing market, but less than they have beenover the last two years and have grown significantly less confidentin the world economy since January, says a recent 2014 ImprevThought Leader Survey. “Housing enthusiasm among real estatebusiness leaders overall is still strong, but has definitely cooleddown during the last two years,” says RenwickCongdon, chief executive officer ofImprev, a locally based technology company.
“What's most interesting is that leaders of larger brokeragefirms are typically far more bullish on the outlook for housing andthe US economy than leaders of smaller brokerage firms, butcomparatively less confident in their firm's ability to be moreprofitable in the next 12 months,” says Congdon.
Respondents included more than 270 broker-owners and topexecutives at leading franchises and independent brokerage firmsthat were responsible for nearly half of all US residential realestate transactions last year.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.