Cycling up after such an extended expansion is unprecedented. Like all cyclical patterns, this one will be a puzzler while unfolding. Tax reform has been boasted as a big booster, boosting GDP from 2-3% to 4.5 and 6%.
Things change in residential real estate. For the longest time, it was location, location, location. Then it morphed into a few variants, with a strong nod towards more modern design, more “green” houses, more family oriented open space