PARK CITY, UT—"This is a big week for economic news and more than 50% of people think we are already in a recession." So said morning speaker Dianne Crocker, a principal analyst at LightBox. Once upon a time, she said, our transaction volume was breaking records every quarter.
"Forecasters were predicting that 2022 would be almost as good as 2021," she said. "What a difference the past six months have made. All of those predictions really became obsolete."
We are now really in unchartered waters here and the dynamics of deals are really changing, Crocker said. "Inflation is really the primary concern in our economy right now and things are really triggered by supply chain disruptions during the pandemic, exacerbated by the war in Ukraine."
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
