BV RECon: Arsenault says Real estate downturn on the horizon
BOULDER — As the real estate industry moves into 2020 and beyond, Real Capital Solutions founder Marcel Arsenault is predicting tough times ahead, particularly for certain industry subcategories such as apartments and self-storage.
Marcel, considered a real estate investment guru, said during a keynote address Thursday at BizWest’s Boulder Valley Real Estate Conference that he believes the current economic wave is on the verge of cresting, and the real estate market is in the late stages of its prolonged cycle of growth.
“Growth has been decelerating throughout the year, now at 1.4% annual increase, down from 1.8 percent at the end…
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