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Real Estate Guru Weighs In on 2019 Market

John Burns, CEO of John Burns Real Estate Consulting was interviewed on The Real Estate Guys podcast earlier this year and shared his views on the state of real estate in 2019.

Burns believes that home construction execs will play it safe in this uncertain market and predicts no growth in that vital sector.

As a consequence, he sees a better rental market. “Homeownership has been ticking back up” and “people want to own,” there is “not a stigma to being a renter anymore.”

When it comes to the Millennials, Burns says that this generation, who first became aware of real estate during the Great Recession, are very cautious about buying homes. “Those born in the 1980s who are coming into homeownership right now saw firsthand what a recession looks like, and they associate recessions with foreclosures.”

To listen to the podcast, go here:

https://www.youtube.com/watch?v=DmNSq_3P6yk&feature=youtu.be&utm_source=hs_email&utm_medium=email&utm_content=72966305&_hsenc=p2ANqtz-97F4rhmwdg2x11-L-IVFZne2QYSy9fVpe3dAIotyiIiDRiqvn5vknBpm-OKhe28ao2MFCtUWZTOHXc1LfuqcVkmBYog2EEz6zlKhIDBGTrtWnolUY&_hsmi=72966305

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

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