Real estate is an industry of cycles; while individual markets' location in the cycle varies widely based on geography and property type, according to a recent appraisal by NREI, there seems to be general consensus that things are on the way back up. In a surprise to no one, multifamily is largely leading the race. But other sectors like office and industrial are also enjoying healthy recovery (the report specifically cites Atlanta's industrial market as a leader; our office still has a ways to go). Rounding out the major asset types, retail is a mixed-bag, while hotels are in good shape, getting better. [National Real Estate Investor]
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