Attorney Mark B. MacLean Reflects on Robust Real Estate Market in 2017

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Jacksonville attorney Mark B. MacLean discusses growth in the commercial and residential real estate sectors.

Attorney Mark B. MacLean

As we learned in the years of the real estate bubble of the early 2000’s, as exuberance increases, it is imperative for both buyers and sellers of real estate to have good, informed and experienced legal advice for their real estate transactions.

According to a February 27, 2017, Realty Biz article, demand is strengthening in the real estate market. “As we have recently seen, new home sale numbers have demonstrated the momentum of the real estate sector of the economy,” said attorney Mark B. MacLean, who focuses on real estate services. “In both the commercial and residential sectors, real estate has continued to steadily move into being one of the most robust aspects of our country’s economy, as we now put the Great Recession firmly into the rearview mirror.”

Furthermore, interest rates are likely to remain low for some period of time, giving rise to new opportunities, both for home buyers and investors alike. “Although the Fed will likely raise rates in March, or shortly thereafter, of this year, interest rates will likely remain near historic lows, especially considering the current prospects for overall growth in the nation’s GDP,” added MacLean, who handles closings for real estate transactions and review and preparation of purchase and sell agreements.

With the possibility of across-the-board tax cuts coming this year from the Trump administration, real estate is likely to continue to grow in strength for the next few years. “As we learned in the years of the real estate bubble of the early 2000’s, as exuberance increases, it is imperative for both buyers and sellers of real estate to have good, informed and experienced legal advice for their real estate transactions,” concluded MacLean.

About Mark B. MacLean
Mark B. MacLean, Attorney At Law, in Jacksonville, FL, is a law firm that for 23 years has been providing effective counsel for strategic estate planning, including revocable and irrevocable trusts, last wills, durable powers of attorney and guardianships. The firm also handles probate, business contracts and entity formation, title insurance, residential and commercial closings and real estate services. For more information, please call (904) 399-2829 or (888) 825-0895, or visit http://www.markbmaclean.com. The law office is located at 2033 Flesher Ave., Jacksonville, FL, 32207.

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