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Tag: Morgan Stanley

Here’s Why Many Are Confused About The Economic Recovery

By Prestige Waterfront Realty Posted in Economy On

The current health crisis has caused everyone to question when the economy will recover. While COVID-19 has reached a plateau, many are concerned about when businesses will start opening up. There are three types of sciences used to forecast the economic recovery. Business Science – Looks at how the economy rebounded in the past. Health Science – Looks at […]

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Recession? Yes. Housing Crash? No.

By Prestige Waterfront Realty Posted in Economy On

With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession. That is – if it’s not in one already. What does that mean to the residential real estate market? What is a recession? According to the National Bureau of Economic Research: “A recession […]

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