New Construction remains below housing needs : New construction is lagging housing needs: Around 260,000 units shortage in 2019 - Probably 3mm+ accumulated deficit in the last 10 years.
After-Effect Of COVID-19 For Real Estate Investors
No doubt, coronavirus (COVID-19) has changed our views about everything. We can now work from home and be as efficient as we were in office; it is safer to stay at home than going to social gatherings; suburbs and rural areas seem safer than the congested cities. This has caused so many people to consider moving to less crowded areas. A survey of 2,050 adults by Harris Poll shows that 39% of city dwellers are now considering moving to less congested areas. This raises a few different questions among real estate investors: How will the shift in population affect the industry? What is the effect of population shift in both urban, suburb, and rural areas? Where is the next big thing happening?
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LAFAYETTE-LENDING.COM
After-effect of COVID-19 for Real Estate Investors
“ In A Crisis, Be Aware Of The Danger- But Recognize The Opportunity.”
HIgh Demand For Rental Units : Rent will be challenged in Q3 and Q4, but we can rely on strong long term fundamentals - Vacancy rates are near historic lows at 6.4% and we can see continuous momentum short and long term.
4 Real Estate Sectors That Will Be Significantly Affected By COVID-19
COVID-19 has significantly altered our way of life. Economic developments are extremely liquid, which means that we are not yet sure of the impact of the virus on our economy. Like other sectors of the economy, real estate transaction has also been on hold causing tremendous damage to the sector. What are the effects of the virus on this sector? Here are four real estate sectors that could be affected post-COVID-19.
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#Newhome #Property #Properties #Listing #Rental #LendingFirm #ResidentialRealEstate#InvestmentProperty #CapitalLoan #Realty #Realtor #Realestateagent #covid-19
LAFAYETTE-LENDING.COM
4 Real Estate Sectors that will be significantly affected by COVID-19
New fix-and-flip success! Don't wait for opportunity. Create it!
Congratulation to our Lafayette investor!👍😎 #lafayettelending #fixandflip #successstory
