Economic sentiment is shifting, but the long cycle still has noend in sight. A the 2019 National Investor Sentiment report fromReal Capital Markets shows that investors believethe economy is shifting from a booming market to a plateauingmarket. While this means that the cycle will be prolonged, it alsoshows that investors are showing a heightened level of caution.Overall, the economy continues to be healthy and growing.

“Most real estate investors and related professionals agree thatthe U.S. economy remains strong on many different levels, butparticularly when measured by corporate and job growth,unemployment declines and when compared to the rest of the world,”Tina Lichens, COO of Real Capital Markets, tellsGlobeSt.com. “Many investors believe that the level of disciplineduring this cycle—whether that is at the developer or lenderlevel—has added to the strength of the market. As a result, theregenerally has been very little overbuilding and/or over-leveragingto disrupt the balance of supply and demand.”