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This is not a typical recession says Ron Cadman of Investar USA.

  This is not a typical recession says Ron Cadman of Investar USA. This is not a typical recession says Ron Cadman of Investar USA. People have lost jobs due to a government induced recession and Congress decided to break until September with no regard for the mess they created. Politics is taking priority over collaboration and addressing the real issues impacting America’s working class resulting from Covid-19. Those of us with hard assets are fine and are seeing asset values rise while the working class have lost jobs and are sliding deeper into debt. According to a recent analysis by John Friedman, an economics professor at Brown University, U.S. stocks are hovering near a record high, a stunning comeback since March that underscores the new phase the economy has entered: The wealthy have begun to recover. The bottom half remain far from it. This dichotomy is evident in many facets of the economy, especially in employment. Jobs have returned for the highest wage earne...
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Phoenix Multifamily Rebounded in Q3

  Following a decline in Q1 and a halt in activity through Q2 of 2020, the Phoenix Multifamily market has seen a significant rebound through Q3. ABI Multifamily has reported closings on 12 apartment sales in October of 2020 and 40 properties set to trade before the end of the year. While there was a pricing corrections seen in the early days of the pandemic, ABI is currently reporting pre-pandemic values and rental growth in the market. Phoenix has long been a popular area for multifamily investors however the pandemic shut downs in some states, rent control in California and overall uncertainty in the market has brought an influx of interest back to the area. With a low cost of living and high in-migration, Phoenix is building on its fundamentals and starting to see steady growth. Ron Cadman is a Director of Investar USA, an active Build For Rent Development Company in the southwest United States. 
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What’s in store for the housing market in 2020?

2020 is fast turning out to be an up-and-up year for the housing sector, driven by increased job markets and low mortgage rates. However, those in the market for a new home this year may have problems looking for one, according to Ron Cadman of residential and commercial property developer Investar USA. Real estate professionals say that generally speaking, the growth of the housing industry this year will be solid but modest and will carry over to 2021. This is driven by expert anticipation that the sector will finally have a real effect on GDP growth. And because of the mixture of more people getting employed and interest rates plummeting, consumer spending will increase, and more people will be shopping for new residential properties. The positive developments are bolstered by the recent signing of the Phase One deal in the ongoing U.S.-China Phase trade talks. And, though much has yet to be done to improve foreign relations with the Asian nation ultimately, players in the r...
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