Case Shiller Online Index Review
Order Description
Go to the Case-Shiller (https://us.spindices.com/indices/real-estate/sp-case-shiller-10-city-composite-home-price-index)
online index and review the graph for Richmond, Virginia area (MSA/city).
Describe what the trend is for that area “historically” and what trend you anticipate to occur over the next month, six-months, and 2 years based on the index from your area
. Next, discuss which types of real estate development projects you believe would be most successful in this area over the next 1 to 2 years – commercial, residential, warehouse, multi-unit residential, mixed use, etc.
Please explain your reasoning of why you think certain types of development projects will be more or less successful than others. Reference the Case-Shiller data and other economic data as necessary to support your case.