2020 was quite a year and presented many challenges. In this New England Real Estate Journal, 2020 Year in Review Spotlight Edition, Northern 1031 Exchange Vice President, Michele Fitzpatrick, reflects on the unprecedented year and the many positive aspects that came out of working through the pandemic. While the work never stopped, ways of communicating and collaborating changed dramatically. From Zoom meetings to working from home, Fitzpatrick embraced the changes and learned a lot, out of necessity, along the way.
Always with an eye towards the future, Fitzpatrick notes that interest rates are forecasted to remain low for the foreseeable future, which will keep the real estate market active. As the world continues to change, the Northern 1031 Exchange team will continue to monitor the potential changes in tax laws that could directly affect real estate investors.