Review of the Case Shiller Online Index
Review the graph for the Richmond, Virginia region (MSA/city) in the Case-Shiller online index (https://us.spindices.com/indices/real-estate/sp-case-shiller-10-city-composite-home-price-index).
Using the index from your area, describe the pattern for that area “historically” and the trend you predict will happen over the following month, six months, and two years.
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. Discuss which real estate development projects, such as commercial, residential, warehouse, multi-unit residential, mixed-use, etc., you think would be most successful in this area within the next one to two years.
Explain why you believe that particular development project types will be more or less successful than others. Use the Case-Shiller data and other economic data to support your claims as needed.