There has been one thing that has stayed constant since March 2020. COVID-19 has ensured that everyday is predictably unpredictable.
This uncertainty has been mirrored in several markets, including commercial real estate. Retailers are stuck in leases, and they are unable to make the payments. Landlords are stuck with small and large retail tenants alike, that can't pay rent. Policymakers are struggling to institute guidelines that balance the protection of both parties.
What does this mean to the investing world? Well, we are seeing a paradigm shift in investors' targets. Investors are pulling their money out of commercial real estate and investing in residential.
Here are some of the reasons why:
~ Residential home sales have increased more than 50% in some CA regions
~ Record low interest rates
~ More emphasis on at-home offices
~ Pandemic altered values: preference shift to more rooms & less open floor plans
Good news! Here at Belwood Investments, we are experts in residential real estate investments. Reach out to us for more information on residential investing in today's market!
1847 Iron Point Road #140
Folsom, CA 95630